Here's your summary from Bullard Does Not Expect Fed Rate Cut in July (https://www.youtube.com/watch?v=OueeqX5L6AU) on the Bloomberg Television channel:

### TLDR:

Bullard does not expect a Fed rate cut in July, but sees potential for a move in September based on recent economic data.

### Key Points:

1. The recent economic data suggests a softer report, but more evidence would be needed to support an easing policy.

2. Bullard believes the best case scenario for a rate cut would be in September, with more data available by then.

3. The Fed's quick action on inflation in the past has shown to be effective in lowering inflation rates.

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