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Fed’s Bullard Wants Rate Cuts Considered Amid Downside Risks

  • St. Louis Fed President comments in Bloomberg TV interview
  • Bullard says current policy neutral but could be accommodative
Bloomberg business news
Fed's Bullard on Interest Rates, U.S. Economy, Inflation

Federal Reserve policy maker James Bullard said his colleagues should think about cutting interest rates again to guard against threats to the economy such as the U.S.-China trade dispute.

While declining to predict the outcome of this month’s meeting, the Federal Reserve Bank of St. Louis president told Bloomberg Television’s Tom Keene and Francine Lacqua that inflation and inflation expectations have declined and need to be recentered around the 2% target.