ICYMI, ex-fed Bullard says Federal Reserve should cut rates in March - pre-emptive move ...Middle East

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ICYMI, ex-fed Bullard says Federal Reserve should cut rates in March - pre-emptive move
James Bullard is the former St. Louis Federal Reserve branch president. He spoke on Friday at the National Association for Business Economics (NABE) conference. The comments were reported by Nick Timiraos of the Wall Street Journal. Timiraos has a reputation for having insider connections at the Fed. Of course, in this case, Bullard is no longer at the Fed and his comments were public, albeit not widely reported.Bullard thinks the Federal Open Market Committee (FOMC) should cut interest rates at its 19-20 March meetingas a preemptive move to prevent the current level of rates from needlessly curtailing economic activity later this yeardanger of waiting is that if inflation moves closer to 2

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