Former St. Louis Fed President Bullard: High interest rates, expects a 100 basis point rate cut before 2026

According to Hase Chain News, former St. Louis Fed President Bullard stated that politicians always comment on monetary policy. He pointed out that the U.S. debt problem is primarily a reflection of spending issues. Bullard emphasized that the Fed needs to focus on maintaining the dollar's reserve status. Currently, interest rates are at a high level, and it is expected that the Fed may cut rates by 100 basis points by 2026 and take further action based on data. These comments reflect his cautiously optimistic attitude toward future monetary policy adjustments.