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Fed’s Bullard: Not ‘pencilled  in’ a rate cut for this year

In an interview with Fox News, St. Louis Fed President Jamer Bullard said that he has not ‘pencilled  in’ a rate cut for this year.

Key quotes

  • Will keep rates where they are and see how economy does.
  • Don’t need to be preemptive on inflation.
  • Sees unwinding of balance sheet ending before year’s end.

Source: Reuters.

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