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Fed’s Goolsbee: Trend of economic data justifies multiple rate cuts
Federal Reserve Bank of Chicago President Austan Goolsbee said on Friday that the longer-run trend of labor market and inflation data justify the Fed easing interest-rate policy soon and then steadily over the next year, per MarketWatch.Fxstreet
Sep 6, 2024
Forex Today: Nonfarm Payrolls… the Dollar’s doom and gloom?
The Greenback added to the weekly leg lower and pierced the key 101.00 barrier against the backdrop of persistently low US yields across the curve and steady speculation of a potential half-point interest rate cut by the Fed.
Fxstreet
Sep 5, 2024
