Economics

Fed Dove Bullard Says May Need More Rate Cuts to Offset Risks

  • A slowdown could prevent inflation from returning to 2% goal
  • St. Louis Fed president cites inverted yield curve as warning

James Bullard

Photographer: Jasper Juinen/Bloomberg
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Federal Reserve Bank of St. Louis President James Bullard said the central bank may need to ease monetary policy further to offset downside risks from trade conflicts and too-low inflation.