Bullard Does Not Expect Fed Rate Cut in July

James Bullard, former St. Louis Fed president and dean of the business school at Purdue University, says the May consumer price index report does keep hope alive for those that are looking for an an earlier rate cut from the Fed. But he doesn't think a cut will come in July. Bullard is on "Bloomberg Surveillance."
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[@Luis_H423]

There will be no rate cut this year. Wall Street is gas lighting.

[@EatMyOats]

LOL, Bloomberg's CEO very strange take on FED past credibility. CEO claims inflation shouldn't include Food, energy, utilities, insurance, shipping, FEES, maintenance Labor, subscriptions, communications, ... 😮

[@PD55_]

Great idea. Fed, please don't do anything to screw up the economy any worse, doing nothing is an improvement. P.S.: Please also stop printing $TRILLIONS of worthless fiat dollars to infinity, that's why we have massive long-term inflation and taxpayer lifetime indebtedness.