Fed's Goolsbee: More rate cuts may be needed in the next year, but satisfied with a 50 basis point rate cut
Odaily reported that Federal Reserve Governor Goolsbee stated that more rate cuts may be needed in the coming year, and interest rates need to decline significantly in order to achieve a soft landing, which must keep up with the situation. He expressed satisfaction with the Federal Reserve's 50 basis point rate cut, indicating that the Federal Reserve is focused on employment risk, not just inflation issues.
