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TechFlow News: On February 17, according to JIN10 Data, Federal Reserve Governor Goolsbee stated that current U.S. services inflation is “not mild,” and views 3% as a neutral interest rate target aligned with accommodative monetary policy. Should inflation decline, further rate cuts will occur multiple times in the future.
According to JIN10 Data, Fed Governor Goolsbee stated that current U.S. services inflation is “not mild,” and views 3% as a dovish target for the neutral rate. If inflation declines, further rate cuts will follow in the future.
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