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Fed’s Bullard: Fed rate cut possible, not a baseline case

A Fed rate cut is possible but that’s not the baseline case, according to St. Louis Fed President James Bullard who is now delivering remarks in an interview with CNBC.

Key quotes

  • Baseline case should be rates will stay where they are.
  • Sees 2.25% as ‘good number’ for U.S growth in 2019.

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