Reported 8 months ago
Former St. Louis Fed President Jim Bullard discusses the uncertainty surrounding a potential interest rate cut by the Federal Reserve in 2024. Bullard acknowledges the progress made in decreasing inflation but notes that the central bank has not yet had the opportunity to implement a rate cut this year. He emphasizes the importance of inflation reaching the 2% target and expresses confidence in the Fed's gradual approach. Other Fed officials like Boston Fed President Susan Collins and Richmond Fed's Barkin have also provided insights on policy rates and the economy.
Source: YAHOO