Bullard says Fed may need to cut rates ‘soon’

James Bullard
James Bullard
Tom Campbell

The Federal Reserve is moving closer to a reversal of its monetary policy stance, as policy-maker James Bullard indicated a rate cut “may be warranted soon” in remarks on June 3.

The St Louis Fed president – currently a voting member of the Federal Open Market Committee – said the FOMC “faces an economy that is expected to grow more slowly going forward”, while both inflation and inflation expectations “remain below target”.

Bullard added that “signals from the Treasury yield curve” appear to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.