Former St. Louis Fed President Bullard: A rate cut of 75 basis points may occur this year

2024-08-22 21:54:12
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ChainCatcher news, according to Jinshi reports, former St. Louis Fed President Bullard discussed hot topics such as the outlook for the U.S. economy, the Fed's interest rate cut path, the U.S. election, and "Black Monday." He also indicated that he believes there could be a 25 basis point rate cut at each meeting, totaling a 75 basis point cut from now until December over several consecutive meetings.

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