According to PANews, the Financial Times reported that St. Louis Federal Reserve President James Bullard has suggested that the Federal Reserve should return to a gradual approach to rate cuts after a significant 50 basis point reduction earlier this month. Bullard believes that the U.S. economy could respond very positively to a more accommodative financial environment, which could, in turn, extend the time needed for the Fed to bring inflation down to its 2% target. He emphasized the importanc