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Jim Bullard on Kevin Warsh’s first FOMC and Fed independence

Fed veteran speaks about Iran and the US economy, the ‘good AI ‘bubble’, and cutting the Fed’s balance sheet and staff

James Bullard
Credit: Lucy Stewart

What is your economic and inflation outlook for the US, the eurozone and the UK in the months ahead given first, a swift resolution to the Iran conflict; and second, a protracted conflict? 

I am bullish on the US economy. I think there are many reasons for that. The Trump administration, whatever you think of it otherwise, is very much a pro-business administration. They have tried to promote economic growth. And they have been somewhat successful, with fiscal policy backing US growth now taking

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