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Federal Reserve Governor Coogler: Considering the policy lag, it is necessary to cut interest rates forward

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2024-09-25 21:21:29
Federal Reserve Governor Coogler said that the labor market has cooled and does not want it to weaken further; it is reasonable to shift the focus to employment; it will still take some time to reduce inflation to 2%; given the policy lag, interest rate cuts need to be advanced; neutral interest rates are not a major factor in interest rate decisions.
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