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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
On November 16, the Federal Reserve Goolsbee said that we will consider interest rate cuts with reference to the Federal Reserve's September dot plot. Personally, I would prefer not to move straight towards the neutral rate, but to slow down when approaching the neutral rate. The neutral rate is significantly lower than the current level of the Federal Reserve's policy rate. Everything is always on the table in the Fed's policy calculus. He also said that the inflation data must continue to impr...
2024-11-16 03:09:53
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