Fed's Bullard: Rate cut is imminent, hoping to see more data

Golden Finance reported that Boestick of the Federal Reserve said that the US economy is expected to normalize in the coming months; rate cuts are imminent and more data is expected; recent inflation data has strengthened confidence in inflation returning to 2%; if the economy develops as expected, interest rates will be cut before the end of the year; it is at a turning point where inflation is close to the target; it is not hoped that the labor market will transition from hot to cold; economic recession is not within his expectations.