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Federal Reserve Mester: Rate cuts aim to provide "insurance" for the job market with 50-75 basis points of easing space in the future

07/11/2025

Zhitong Finance App learned that James Bullard, President of the St. Louis Fed, stated on Thursday that the purpose of the loose monetary policy measures implemented by the Federal Reserve over the past year is to "provide support for the labor market". He also expects that there is still a policy adjustment space of 50 to 75 basis points.

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