Bullard on Fed Rate Cut: A Series of Three?

Former Fed President James Bullard reveals why he opposed a bigger rate cut this week, backing the Fed's quarter-point drop as a risk management move. Hear Bullard's forecast for a series of three rate cuts by year's end, his take on the neutral interest rate, and his surprising admission about potentially overdoing it with mortgage-backed security purchases during the pandemic. Plus, Bullard discusses his interest in becoming the next Fed chair and his conversations with the Treasury Secretary. Hosted on Acast. See acast.com/privacy for more information.