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Federal Reserve Goolsby: All the interest rate cuts it hoped to achieve have been met

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2024-08-23 16:42:54
The Federal Reserve's Goolsbee expressed support for the Federal Reserve to start paying attention to the job market; inflation is on a path back to 2%; policy is currently at its tightest point in the entire rate hike cycle; Fed forecasts show broad support for rate cuts; and all the conditions for rate cuts hoped for have been met.
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