Federal Reserve's Goolsbee: More rate cuts may be needed in the coming year, rates need to decline significantly

ChainCatcher news, according to Jinshi reports, Federal Reserve's Goolsbee stated that more rate cuts may be needed in the coming year, and interest rates need to decline significantly. To achieve a soft landing, it is essential to keep up with the situation. He expressed satisfaction with the Federal Reserve's 50 basis point rate cut, indicating that the Fed is concerned about employment risks, not just inflation issues.