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Fed's Goolsbee: Economic conditions will determine the extent of rate cuts

Fed's Goolsbee: Economic conditions will determine the extent of rate cuts

Bitget2024/08/14 21:36

Fed's Goolsbee said that the policy is "very restrictive" and the economy is not overheating; rising unemployment may indicate a deterioration in the job market; if the job market is weak, more attention will be paid to the employment field; to a certain extent, more attention is being paid to employment as a policy goal; economic conditions will determine the extent of rate cuts.

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