FORMER FED MEMBER BULLARD PREDICTS BANK DECISIONS THROUGH 2025

Inflation Drop: Core inflation may fall to 2.3% by the end of 2025 (from 2.8% in 2023).
Above 2%: Inflation will keep going down but stay slightly above the 2% target.
No Recession: The Federal Reserve lowered inflation after COVID-19 without causing a recession.
Bond Market Adjustments: Markets adjusted bond prices, helping prevent major financial problems.
Rate Cuts in 2025: The Fed may cut interest rates twice (0.25% each time) in 2025.
No March Cut: No interest rate cut is expected in March, but one may happen in spring.