đșđž The #FED is already ready to lower the interest rate!
âȘïž Harker, Fed Chairman:
- I am ready to support a gradual and methodical reduction of the interest rate in the future.
- We need to see more macro data for now.
- The Fed will cut rates to about 3% during the easing cycle.
- The unemployment rate is likely to rise to 5%
- The labor market has generally returned to normal.
âȘïž Collins, Fed Chairman:
- It is necessary to start lowering the Fed rate in the near future.
- The labor market looks quite normal.
- Inflation is confidently moving towards the target of 2%.
âȘïž Schmid, Fed Chairman:
- We need to see more macro data before deciding on a rate cut.
- Yesterday's revision of labor market data did not affect my opinion on the prospects for the Fed's monetary policy.
âȘïž Bullard, former head of the St. Louis Fed:
- The Fed may cut rates by 75 bps this year.
