Former St. Louis Fed President Discusses U.S. Economic Outlook and Rate Cuts

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Former St. Louis Fed President James Bullard predicts the Federal Reserve will enact a series of 25 basis point rate cuts at consecutive meetings, potentially totaling 75 basis points by December, which may influence the US economic outlook and the outcome of the upcoming US presidential election.

According to Odaily, former St. Louis Federal Reserve President James Bullard recently shared his insights on several pressing topics, including the US economic outlook, the Federal Reserve's rate cut trajectory, the upcoming US presidential election, and the potential for another 'Black Monday' market crash. Bullard suggested that the Federal Reserve might implement a series of 25 basis point rate cuts at consecutive meetings, potentially totaling 75 basis points by December.

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