Fed officials: September rate cut of 0.5 percentage point is reasonable because interest rates are "out of sync" with falling inflation and unemployment approaching sustainable levels
PANews reported on October 3 that, according to Bloomberg journalist Walter, Federal Reserve official Barkin said that a 0.5 percentage point rate cut in September was reasonable, as the prevailing interest rate level was inconsistent with the trend of declining inflation and the unemployment rate being close to a sustainable level at the time.
