[Fed's Goolsbee: Cutting interest rates by 25 basis points or 50 basis points is not as important as significantly reducing interest rates in the next 12 months to reach a neutral interest rate] Golden Finance reported that Fed's Goolsbee: Cutting interest rates by 25 basis points or 50 basis points is not as important as significantly reducing interest rates in the next 12 months to reach a neutral interest rate. Fed's Goolsbee: The latest inflation data has reached the Fed's target; the labor market is at full employment.