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Fed's Goolsbee: The threshold for interest rate cuts is higher than in the last two Fed meetings.

BlockBeats news, on November 3rd, Fed's Goolsbee stated that the economy still has the potential to take a golden path. He believes that the interest rate will ultimately stabilize at a level far below the current one. As inflation decreases, interest rates should be lowered. There is unease about an early rate cut. The inflation data remains concerning. It has not yet been decided what actions the Fed will take at the next meeting, and the current threshold for a rate cut is higher than at the previous two Fed meetings. (Jin10)

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