 St. Louis Fed President James Bullard said yesterday that FOMC aggressive actions in 2022 and planned rate hike in 2023 has returned inflation expectations to a level consistent with the Feds 2 inflation target. During 2023, actual inflation will likely follow inflation expectations to a lower level as the real economy normalizes, he said. The ... The post Fed Bullard: Policy rate getting closer to sufficiently restrictive zone appeared first on Action Forex... 