In this Nov. 19, 2019, photo James Bullard, president of the St. Louis Federal Reserve Bank, gestures during an interview in Richmond, Va. The Federal Reserve may have to raise its benchmark interest rate much higher than many people expect to get inflation under control, Bullard said Thursday, Nov. 17, 2022. (AP Photo/Steve Helber, File)
Christopher Rugaber AP Economics Writer The Federal Reserve may have to raise its benchmark interest rate much higher than it has previously projected to get…
