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Overview of opinions: After the Federal Reserve cut interest rates by 25 basis points, the Fed chairman made several statements.
After the Federal Reserve made its latest interest rate decision this week, several officials voiced their insights on outlook and inflation issues intensively on Friday. San Francisco Fed President expects fewer rate cuts next year than anticipated. Daly feels "very comfortable" with the median estimate of two rate cuts next year. Mary Daly, President of the San Francisco Federal Reserve Bank, stated that she is "very comfortable" with the median estimate of the decision-makers for two rate cuts next year, emphasizing that the Federal Reserve can shift to a slower pace. Chicago Fed President raises rate outlook but still expects lower borrowing costs. Austan Goolsbee, President of the Chicago Fed, mentioned that he slightly raised his rate outlook for 2025, but...
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