Fed Goolsbee: More rate cuts may be needed in coming year, satisfied with 50 basis points cut
2024-09-23 14:16:06
Midland Reserve Gurs than said that the future one year may need interest rate cutsdesk3cryptocurrencydesktopCrypto News
Mr. Goolsbee said more rate cuts were likely to be needed in the coming year, rates would need to fall significantly and a soft landing would have to keep pace. Satisfaction with the Fed's 50 basis point rate cut showed it was focused on jobs risks, not just inflation.
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