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.
Anybody wonder how much money the tRump organization would save if the fed dropped interest rates? Could that have anything to do with tRump calling for the rate to be cut all the time? Just asking....
he’s irrelevant
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