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Fed Governor Kugler: Rate cuts necessary to lean forward given policy lags
Bitget2024/09/25 22:00
Fed governor Kugler said, the job market has cooled, do not want it to further soften; will focus on shifting to employment is reasonable; still need some time to reduce inflation to 2 per cent; taking into account the policy has a lag, it is necessary to reduce interest rates forward force; neutral rate is not the main factor in the interest rate decision.
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