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The Latest Breaking News from Jim Bullard

US Fed Rate Cut Plans Likely Unchanged By Trump Victory

The US Federal Reserve is widely expected to cut interest rates by a quarter point Thursday, looking beyond the election results to continue easing borrowing costs on the back of cooling inflation.

International Business Times

Fed is set to leave interest rates unchanged while facing speculation about eventual rate cuts

With inflation edging closer to the Federal Reserve’s 2% target, its policymakers are facing — and in some cases fueling — hopes that they will make a decisive shift in policy and cut interest rates next year, possibly as soon as spring

The Independent UK

Dow Jones Sells Off Nearly 500 Points On China Covid Protests, Fed Official Comments: What To Do Ahead Of Powell Speech

Dow Jones futures were higher ahead of Tuesday's open after the Dow Jones Industrial Average sold off nearly 500 points Monday.

Investors Business Daily

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St. Louis Fed Chief Jim Bullard Calls For More Aggressive Rate Hikes

St. Louis Federal Reserve President Jim Bullard is defending his dissenting opinion that the central bank did not go far enough in raising rates by stressing the need to achieve a “policy rate above 3% this year.”

Benzinga

Bitcoin, Ethereum Move Higher, Dogecoin Flounders — Why The Market Is Far From Anticipating A 'Wild Bullish Impulse'

Bitcoin and Ethereum traded higher on Monday evening as the global cryptocurrency market cap rose 1.1% to $2 trillion.

Benzinga

Fed's Bullard Maintains Stance For 1% Rate Hike By July

St. Louis Federal Reserve President Jim Bullard announced last week that he had become significantly more hawkish following the hottest inflation reading in almost 40 years. He was calling for a full percentage point of interest rate hikes over the next three U.S. central bank policy meetings.

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