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Fed’s Goolsbee: Interest rates will be lower by the end of 2025

This is a repeat. The question we need answered is whether rates will be lower by the end of 2024. Market pricing for a cut next month is 53%, and 47% for a hold.

More:

  • Says he’s closer to the median on neutral rate estimate
  • Rates have a fair way to go before they get to neutral
  • I caution against focusing on inflation in any one month

This article was written by Adam Button at www.forexlive.com.

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