Federal Reserve Gulsby: The vast majority of policy makers believe that interest rates will significantly decrease in the next 18 months

According to a report by Golden Jubilee, the Federal Reserve's Gulsby stated that the vast majority of Federal Reserve policy makers believe that interest rates will significantly decrease over the next 18 months, with some indications that inflation may fall below target levels. With current interest rates remaining so restrictive, caution must be exercised. A series of extensive data indicate that the labor market is cooling down, and if productivity continues to grow, this means higher economic growth, and neutral interest rates will also rise.