Federal Reserve's Goolsbee: A reduction of 25 or 50 basis points is not as important as significantly lowering the interest rate to reach a neutral level within the next 12 months
Federal Reserve's Goolsbee stated that a 25 or 50 basis point rate cut is not as important as significantly reducing interest rates to reach a neutral level within the next 12 months. The latest inflation data has reached the Federal Reserve's target; the labor market is in full employment.
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
In the past 7 days, only 5 public blockchains had fee revenues exceeding $1 million.
Data: If ETH falls below $2,882, the total long liquidation volume on major CEXs will reach $962 millions.
Musk: Grok is open-source software, anyone can use it for free
150 BTC transferred from an anonymous address to an exchange
Trending news
MoreCrypto prices
More
