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Federal Reserve Kashkari: will follow all data in the future to determine Interest Rate policy
The Golden Finance reported that Kashkari of the Federal Reserve said that the increase in the US budget deficit means that the marginal Intrerest Rate will rise. We absolutely hope to avoid an economic recession, and we have seen signs of a weak labor market, which is why the Federal Reserve cut 50 basis points; looking ahead, we will follow all data to determine the Intrerest Rate policy; economic resilience makes us doubt whether the neutral Intrerest Rate is higher; geopolitical risks have not yet had a more significant impact on the oil market, which has always been surprising.