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Fed official: A 0.5 percentage point rate cut in September is justified because the Intrerest Rate is "out of sync" with declining inflation and the unemployment rate approaching sustainable levels
PANews October 3rd news, according to Bloomberg reporter Walter, US Federal Reserve official Barkin said that it was reasonable to cut interest rates by 0.5 percentage points in September, because the level of Intrerest Rate at that time was inconsistent with the trend of inflation decline and the unemployment rate approaching a sustainable level.