DED GOVERNOR SAYS INTEREST RATE RISES WILL GO UP VERY SOON

 Know how much the employment rate will rise

James Bullard, governor of the United States Federal Reserve (Fed) for the state of San Luis, pointed out that interest rate increases could begin in March.

Bullard explained that several Fed governors would agree that monetary policy movements should begin as soon as the liquidity programs in response to the pandemic end, the end of which will be precisely in March. (See more international news).

In addition, the governor noted that the central bank "is in a good position to take additional stops to control inflation" which could also include an adjustment in the pace of monetary policy.

It should be remembered that the Fed had anticipated that three interest rate increases would be made during 2022 in response to inflation that is close to double its 2% target for that indicator.

Bullard's remarks follow the lead of the Fed's December committee minutes, which noted that governors agreed that inflation and a recovery in the labor market could allow for faster interest rate increases than initially anticipated. .