Former St. Louis Fed Pres. Bullard Predicts 100 Basis Point Cut
James Bullard Discusses Fed Chair Prospects
Former St. Louis Fed President James Bullard appeared on ‘Squawk Box,’ revealing he is on President Trump’s short list for potential Fed Chair. He addressed the current economic state, tariffs’ effects, the Fed’s fight against inflation, and the future trajectory of interest rates.
Economic Outlook and Inflation Concerns
Bullard emphasized the importance of managing inflation effectively, highlighting ongoing efforts by the Fed. He provided insights into how tariffs are influencing economic conditions and the complexities of navigating monetary policy in a fluctuating economic landscape.