BlockBeats news, on September 11, regarding the Fed’s interest rate cut, Goldman Sachs Chief Economist Hatzius said on Monday, “I will not rule out the possibility of a 50 basis point cut, but a 25 basis point cut is more likely.”
Hatzius added, “I think the Fed has every reason to cut rates by 50 basis points because the current federal funds rate is simply too high. It is the highest policy rate in the G10. This is despite the fact that the U.S. has actually made more progress on inflation than most G10 economies.” (Jinshi)
