Fed's Goolsbee: The vast majority of policymakers think rates will fall significantly over the next 18 months
According to Mars Finance news, Federal Reserve Governor Goolsbee stated that the vast majority of FOMC policymakers believe that interest rates will decline significantly within the next 18 months. There are some signs 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. (Gold Ten)
