Home > Quick > Body

Federal Reserve Goolsbee: The general consensus within the Federal Reserve is that there will be multiple interest rate cuts

clock
2024-09-06 15:42:45
Asked about a bigger rate cut, Mr. Goolsbee said: Pay attention to the dot plot, which does not show inflation falling so fast or unemployment rising so high; the general consensus within the Fed is that there will be multiple rate cuts; still hope for a "soft landing"; we need the job market and GDP to stabilise.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.