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The Federal Reserve Goolsbee: will continue to refer to the September dot chart, and should slow down when approaching the neutral interest rate

Mr. Goolsbee said that we would look at rate cuts with reference to the Fed's September dot plot, and that personally I would prefer not to go straight towards the neutral rate, which is significantly lower than the current level of the Fed's policy rate, but to slow down as we approach it. Everything is always on the table in the Fed's policy calculus. He also said that the inflation data must continue to improve, if you start looking at...

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2024-11-15 19:39:04
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