{"id":108539,"date":"2024-11-21T19:34:00","date_gmt":"2024-11-21T15:34:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=108539"},"modified":"2024-11-22T02:36:16","modified_gmt":"2024-11-21T22:36:16","slug":"feds-goolsbee-sees-delaying-rate-cuts-would-make-sense","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-goolsbee-sees-delaying-rate-cuts-would-make-sense\/11\/21\/market-updates\/","title":{"rendered":"Fed&#8217;s Goolsbee Sees Delaying rate cuts would make sense"},"content":{"rendered":"\n<p>In response to inflation that is reportedly approaching the Fed&#8217;s 2% objective, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee spoke to newswires on Thursday about the future pace of Fed rate decreases. <br><br><strong>Key Quotes<br><\/strong><br>Inflation is on its way down to 2%.<br><br>The labor market is close to stable, full employment<br><br>Over the next year, it feels like rates will end up a fair bit lower than they are today.<br><br>It may make sense to slow pace of interest rate cuts as Fed gets close to where rates will settle.<br><br> I&#8217;ve gotten more comfort from the fact that we&#8217;re not crashing through full employment.<br><br>Neutral is a long way below where rates are now.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In response to inflation that is reportedly approaching the Fed&#8217;s 2% objective, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee spoke to newswires on Thursday about the future pace of Fed rate decreases. Key QuotesInflation is on its way down to 2%.The labor market is close to stable, full employmentOver the next year, it &hellip;<\/p>\n","protected":false},"author":13,"featured_media":55407,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6885,7740],"class_list":["post-108539","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fed","tag-rate-cut"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/108539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=108539"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/108539\/revisions"}],"predecessor-version":[{"id":108550,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/108539\/revisions\/108550"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/55407"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=108539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=108539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=108539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}