Bullard: Supply chains will be under pressure for 'quite a while'
FILE PHOTO: St. Louis Federal Reserve Bank President James Bullard speaks at a public lecture in Singapore October 8, 2018. REUTERS/Edgar Su
WASHINGTON (Reuters) - The supply bottlenecks contributing to higher prices may last "quite a while," St. Louis Federal Reserve bank president James Bullard said Thursday, highlighting the risk faster inflation may persist.
“It is not just the U.S. reopening. You have got Europe coming behind us and then emerging markets behind that," Bullard said. "I think this will continue well into 2022."
(Reporting by Howard Schneider)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Morgan Stanley more than doubles Lenovo price target on AI-driven growth
- Netflix report flags concerns over subscriber engagement
- Stifel lifts Twilio to Buy, calls it key infrastructure for AI-era communications
Create E-mail Alert Related Categories
Fed, General News, ReutersRelated Entities
James BullardSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share