Fed's Goolsbee: The vast majority of policymakers think rates will fall significantly over the next 18 months

According to a report by Jinshi, ChainCatcher reported that Federal Reserve Governor Goolsbee stated that the vast majority of Federal Reserve policymakers believe that interest rates will decline significantly in the next 18 months. There are some indications that inflation may be below the target level, and given the current restrictive interest rate environment, caution is necessary. A series of broad-based data indicates that the labor market is cooling, and if productivity continues to grow, this implies higher economic growth, and the neutral interest rate will also rise.

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