Fed Chair candidate Bullard: A 50 bp cut in September sounds panicky

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  • A 50 basis point cut in September sounds panicky
  • Rate could be 100 basis points lower before talking about neutral territory.
  • You don’t want to be to aggressive as you might get burned by the data
  • US does not have as good economic data as it appears

This article was written by Greg Michalowski at investinglive.com.

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