Goolsby: The expected neutral interest rate is around 3%. I hope to find a point to stop cutting interest rates next year.

Jinshi Data December 7th news, Federal Reserve Governor Guolsby said that the US economic situation will determine the speed of future interest rate cuts by the Federal Reserve, but he added that he hopes the Fed can find a point to stop cutting interest rates by the end of next year. Guolsby said, “I hope the situation continues to develop so that we can approach the range of neutral policy.” Although he did not specifically specify his estimate of the neutral interest rate, he said it is around 3% (much lower than the current 4.5% to 4.75% interest rate, roughly equivalent to the median of the stopping point predicted by Fed officials at the September meeting).

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