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

ChainCatcher news, according to Jinshi reports, Federal Reserve's Goolsbee stated that the vast majority of Fed policy makers believe that interest rates will significantly decrease in the next 18 months. 

There are some signs indicating inflation may be below target levels. In the current situation where interest rates remain so restrictive, caution must be exercised.

A wide range of data suggests that the labor market is cooling down. If productivity continues to grow, it implies higher economic growth and neutral interest rates will also rise.