Federal Reserve officials: It is reasonable to cut interest rates by 0.5 percentage points in September, as interest rates are "out of sync" with falling inflation and unemployment rates approaching sustainable levels

Oct 02, 2024 16:12
According to Bloomberg reporter Walter, Federal Reserve official Barkin said that a 0.5 percentage point rate cut in September was reasonable because the interest rate level at that time was inconsistent with the downward trend of inflation and the unemployment rate approaching sustainable levels
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