December 12, Federal Reserve’s Goolsbee: The number of rate cuts expected in 2026 will be more than the median. The stance on interest rates for next year is not “hawkish,” and there is optimism about declining rates this year, but there is concern about policy easing too early and too much. Currently, one of the main concerns for businesses and consumers about the economy is prices. The labor market has gradually cooled, but inflation remains above the target level. (Jin10)
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Federal Reserve's Goolsbee: Not "hawkish" on next year's interest rate stance, expects more rate cuts than the median
December 12, Federal Reserve’s Goolsbee: The number of rate cuts expected in 2026 will be more than the median. The stance on interest rates for next year is not “hawkish,” and there is optimism about declining rates this year, but there is concern about policy easing too early and too much. Currently, one of the main concerns for businesses and consumers about the economy is prices. The labor market has gradually cooled, but inflation remains above the target level. (Jin10)