Fed's Goolsbee: More rate cuts may be needed in the next year, but satisfied with a 50 basis point rate cut

Odaily News Fed's Goolsbee said that more interest rate cuts may be needed in the next year, and interest rates need to drop significantly. To achieve a soft landing, we must keep up with the situation. Being satisfied with the Fed's 50 basis point interest rate cut shows that the Fed is concerned about employment risks, not just inflation. (Jinshi)