April 6 (Reuters) - The Federal Reserve should stick to
raising interest rates to get inflation down to its 2% goal as
banking strains have eased and there is not much sign of a
credit crunch ahead, St. Louis Fed President James Bullard said
on Thursday.
"It's not clear to me that there will be much of a pullback
on lending by these types of banks," Bullard told reporters
following a speech on his outlook for the U.S. economy to the
Arkansas Bankers Association in Little Rock, Arkansas. "As long
as they have enough liquidity and enough capital they will just
as likely to go ahead and make those loans."
(Reporting by Lindsay Dunsmuir; Editing by Chizu Nomiyama)
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