Fed’s Goolsbee Says He Wants to See More Inflation Progress
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Federal Reserve Bank of Chicago President Austan Goolsbee wants to see more evidence of progress towards the 2% inflation goal before considering cutting interest rates. Goolsbee did not rule out a rate cut in March but stated that he prefers to wait for more data before making a decision. The comments were made in an interview on PBS.
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https://www.bloomberg.com/news/articles/2024-02-02/fed-s-goolsbee-says-he-wants-to-see-more-inflation-progress