Fed's Bullard: Fed should remove monetary policy accommodation

St Louis Fed President and FOMC voting member in 2022 James Bullard said on Friday that the Fed should remove monetary policy accommodation. 

Additional Takeaways:

“The Fed may want to consider removing accommodation at a faster pace in upcoming meetings.”

“The US economy had inflation shock in 2021.”

“Asset price inflation has been substantial as well.”

“US GDP recovered and is poised to grow further, the labor market is very tight and likely to get stronger.”

“It remains too soon to assess the impact of the new Covid-19 variant on US economy.”