Fed's Bullard says Core PCE is quite high and Fed should turn more hawkish in coming meetings - Bloomberg TV

Speaking in an interview on Bloomberg TV, St Louis Fed President and 2022 voting FOMC member James Bullard said that Core PCE is "quite high" and that the Fed should turn more hawkish over the course of the next few policy meetings. He said that if the bank accelerated the pace of their QE taper to $30B per month, this could open the door to a rate hike in Q1 2022.