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Federal Reserve's Goolsby: The current threshold for rate cuts is higher than the previous two Fed meetings.
2025-11-03 15:08

Odaily Planet Daily reports that Federal Reserve Chairman John Goolsby stated that interest rates should be lowered as inflation declines, but he is uneasy about cutting rates prematurely. Inflation data remains worrying, and the Fed has not yet decided what action to take at its next meeting. The current threshold for a rate cut is higher than at the previous two Fed meetings. (Jinshi)