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Federal Reserve Goolsbee: The general consensus within the Federal Reserve is that there will be multiple interest rate cuts
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.
2024-09-06 15:42:45
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