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Fed's Goolsbee: The options of raising and lowering interest rates have always been on the table and will respond according to the economic situation

2024-08-05 12:41
Odaily News When asked about the emergency rate cut, Fed President Goolsbee said that options including rate hikes and rate cuts have always been on the table. If the economy deteriorates, the Fed will take measures to repair it. The Fed's degree of restriction on actual interest rates is the highest in decades and will respond according to the economic situation. (Jinshi)