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Former Fed official: The Fed needs to maintain the dollar's reserve status, expecting to cut interest rates by 100 basis points before 2026.
[Chain News] On August 21, news from the data platform reported that former St. Louis Fed President Bullard stated that politicians always comment on monetary policy and pointed out that the U.S. debt issue mainly reflects spending problems. He emphasized that the Fed needs to focus on maintaining the reserve status of the dollar.
Brad also mentioned that interest rates are currently high, and it is expected that the Fed may cut rates by 100 basis points by 2026 and take further actions based on data performance. These remarks reflect his cautiously optimistic attitude towards future monetary policy adjustments.