The Fed: Fed’s Bullard says he expects first rate hike late next year No Comments Uncategorized St. Louis Fed President James Bullard on Friday said he expects the first interest rate hike to come late in 2022. St. Louis Fed President James Bullard on Friday said he expects the first interest rate hike to come late in 2022. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to print (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on WhatsApp (Opens in new window)