Fed's Bullard: Fed's Now 'Talking About Lowering Rates More' Than the Last Two Fed Meetings

BlockBeats News, November 3rd, Federal Reserve's Bullard stated that the economy still has the potential to follow the Golden Road. Believes that interest rates will ultimately settle at a level far below the current level.

As inflation decreases, interest rates should be lowered. Worried about cutting rates in advance. Inflation data is still concerning. It has not been decided what action the Fed will take at the next meeting, and the current rate cut threshold is higher than in the previous two Fed meetings. (FXStreet)