Former Federal Reserve Bank of St. Louis President James Bullard said he’s expecting three interest rate cuts this year as inflation moves toward the central bank’s target while the economy remains resilient. “At this point, you should probably take the committee and chair at face value — their best guess right now is still three cuts this year,” Bullard said Tuesday in an interview with Bloomberg TV. “That’s the base case.” “You’re looking at a very successful policy with a pretty strong economy, so a lot of things going right for the Fed right now,” he said on the sidelines of HSBC’s Global Investment Summit in ... (full story)