Earlier comments from Bullard are here:
Fed’s Bullard says inflation is far too high, the Fed has a good plan in place
More now:
don’t think unemployment will rise, could even fall further, as fed
hikes rates
still expect
unemployment fall below 3% this year
rate hikes will
bring inflation expectations down, lowering inflation without hurting
labor market
we can bring
inflation under control without going into recession
it might be
reasonable if housing market cools off a bit
war in Ukraine will
have a meaningful impact on Europe’s economy, but less on North
America