PANews reported on August 21st that, according to Jinshi Data, former St. Louis Fed President James Bullard said that politicians always comment on monetary policy, noting that the US debt problem primarily reflects a spending problem. He emphasized that the Fed needs to focus on maintaining the dollar's reserve status.

Bullard also mentioned that interest rates are currently high and expects the Fed to cut interest rates by 100 basis points by 2026 and take more action based on data performance. These remarks show his cautious optimism about future monetary policy adjustments.