Federal Reserve's Goolsbee: Interest rates may need to be lowered in the coming year
ChainCatcher news, according to Jinshi reports, Fed's Goolsbee stated that the Fed will not change its inflation target, and interest rates may need to be lowered in the coming year. The fundamental situation of the economy remains that inflation is declining, and the labor market is gradually cooling to a full employment state. For the Fed, the inflation data in the coming months is crucial; the Fed must achieve the 2% inflation target.
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