Interest-Rate Cuts Expected: Former Fed President Predicts Three Cuts this Year
St. Louis, Missouri – Former President of the Federal Reserve Bank of St. Louis, James Bullard, is forecasting three interest-rate cuts for this year. Bullard made this statement in light of inflation moving closer to the central bank’s target and the economy showing resilience. In a recent interview with Bloomberg TV’s Haslinda Amin, Bullard emphasized that the committee’s current projection is for three rate reductions within the year. Bullard’s remarks come amidst ongoing discussions within …