In an interview on CNBC Tuesday, the president of the St. Louis Fed, James Bullard, has said that he believes inflation will rise this year, as reported by Reuters.
Additional comments:
“We are in good shape with inflation right now.”
“The Fed will look at inflation“.
“The most important thing in stocks is technology companies and how high investors will value them “.
“That it’s not a bubble, it’s a normal investment. “
“There is a lot of action in the markets, from time to time you see a speculative frenzy in the markets. “
“No value was created at the end of the day in the GameStop frenzy, but a lot of money changed hands.”
“Financial conditions in general are very good at the moment“.
“We are not in the kind of panic situation that we were in last March and April.”
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