Bullard pushes Fed for rate rise

President of the Fed of St. Louis, James Bullard, has said the reserve should lift rates as the economy improves and said that continuing to depress rates risks inflating asset-price bubbles. "We need to get going once we have the opportunity to get going … The economy is getting back to normal, but policy is still on an emergency setting," he said. "I want to see the data for June...

read full story