Fed’s Goolsbee: It may make sense to slow pace of interest rate cuts

November 21, 2024
-FCHFX

November 21, 2024 at 05:28PM

It make sense for the Fed to slow the pace of interest rate cuts as central bank gets close to where rates will settle

Over the next year, it feels like rates will end up a fair bit lower than where they are today

Inflation is on its way down to 2%. Labor market is close to stable full employment

Goolsbee is more of a dove so his tilt is a little more cautious.

Fed’s Bowman late yesterday was more hawkish in her comments.

This article was written by Greg Michalowski at www.forexlive.com.

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