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Fed’s Bullard says Fed should tack “hawkish” in next couple of meetings -Breaking

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© Reuters. FILEPHOTO: James Bullard (St. Louis Federal Reserve Bank) speaks to the public at an event in Singapore, October 8, 2018. REUTERS/Edgar Su/File Photo

WASHINGTON, (Reuters) – The U.S. Federal Reserve needs to “tack in a less hawkish direction” during its next two meetings in order to be prepared in the event of inflation not subsiding, James Bullard from St. Louis Fed said Tuesday.

We’re in great shape to handle inflation, if that happens. Bullard spoke on Bloomberg Television, saying that inflation may not disappear as fast as people are anticipating.

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