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

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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2024-09-25 21:21:29
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