Federal Reserve's Goolsbee: The vast majority of policymakers believe that interest rates will significantly decrease within the next 18 months
News on October 4th, Federal Reserve's Goolsbee stated that the vast majority of Fed policy makers believe that interest rates will significantly decrease within the next year to 18 months. There are some signs indicating that inflation may be below target levels. Under current restrictive interest rates, caution must be exercised.
A series of broad data suggests that the labor market is cooling down. If productivity continues to grow, it implies higher economic growth and neutral interest rates will also rise.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Meta launches AI model capable of creating realistic movies with sound
Radiant has integrated the lending protocol of Edge risk oracle
The trading volume of IBIT reached 15 million US dollars before the market opened today