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Federal Reserve Goolsbee: As long as it is clear that inflation is returning to its 2% target, there is considerable room for interest rates to decline

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2025-12-18 21:38:51
Mr. Goolsbee said the latest inflation data were good. If it was clear that inflation was receding, interest rates could be cut, and more lasting progress would need to be seen in cooling inflation. As long as it was clear that inflation was returning to its 2 per cent target, there was considerable room for rates to fall.
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