St. Louis Federal Reserve Bank President James Bullard said on Tuesday he does n...
FILE PHOTO: St. Louis Federal Reserve Bank President James Bullard speaks at a public lecture in Singapore October 8, 2018. REUTERS/Edgar Su/File Photo
“Just sitting here today, I think 50 basis points would be overdone,” Bullard said in an interview with Bloomberg Television. “I don’t think the situation really calls for that, but I would be willing to go 25 .” Bullard dissented, arguing that weak inflation and uncertainties about the outlook for economic growth warranted a rate cut.
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