The Federal Reserve Goolsbee said that the policy rate is now restrictive, and the policy is much less restrictive than before; the interest rate will drop a little, and the policy rate is still far from the neutral rate. It is expected that the Federal Reserve interest rate will be "moderately lowered" in 2025, and the path of interest rates will be determined by employment and price conditions. And said that the Federal Reserve interest rate may fall in 12-18 months.