Bullard Says He Wouldn’t Have Backed 50 Basis Points This Week
NeutralFinancial Markets

James Bullard, the former president of the Federal Reserve Bank of St. Louis and a candidate for the next chair of the US central bank, expressed that he would not have supported a 50 basis point interest-rate cut this week. This statement is significant as it reflects ongoing discussions about monetary policy and the direction of interest rates, which can impact economic growth and inflation.
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