James Bullard (Fed) bets on two more interest rate hikes in 2023

St. Louis Federal Reserve Bank President James Bullard believes the Fed will have to raise interest rates twice more this year to control inflation. Bullard, known for being a hawk on monetary policy, does not vote this year on decisions made by the Fed's Federal Open Market Committee, which decided on May 3 to unanimously approve a 25 basis point increase in the…