Former St. Louis Fed President Bullard predicts a 75 basis point rate cut by the Fed

According to Odaily Planet Daily, former St. Louis Fed President Bullard discussed hot topics such as the US economic outlook, the Fed's interest rate cut path, the US election, and "Black Monday."

Bullard said the Fed may cut interest rates by 25 basis points at each meeting, for several consecutive meetings, for a total of 75 basis points of interest rate cuts between now and December.