Reported 8 days ago
Chicago Fed President Austan Goolsbee indicated that the Federal Reserve is likely to cut the policy rate by 25 basis points this year and 100 basis points next year, aligning with the forecasts presented in September. He stated that rates are expected to decrease over the next year, projecting an end-of-year rate of 4.4% and 3.4% by the end of 2025.
Source: YAHOO