Fed's Goolsbee: More rate cuts may be needed in the next year, but satisfied with a 50 basis point rate cut

Fed Goolsby said that more interest rate cuts may be needed in the next year, interest rates need to fall significantly, and to achieve a soft landing, they must keep up with the situation. Feeling comfortable with the Fed's 50 basis point rate cut shows the Fed is focused on employment risks, not just inflation. (Golden Ten)