Fed’s Goolsbee Sees a Goldilocks U.S. Economy, More Rate Cuts to Come
Federal Reserve Bank of Chicago President Austan Goolsbee would like to freeze the U.S. economy right where it is today. With inflation closing in on a 2% annual rate, full employment, and gross-domestic-product growth in the neighborhood of 3% annually,
Fed’s Goolsbee Welcomes Jobs Report, Flags Risk of Low Inflation
Federal Reserve Bank of Chicago President Austan Goolsbee lauded the strong September jobs report but warned of putting too much stock in one month’s data, adding that there are risks that inflation might undershoot the central bank’s 2% target.
Austan Goolsbee discusses what the ongoing port strike and the Fed’s recent rate cut will mean for the economy and consumers.
Goolsbee said both inflation, which has cooled toward the Fed’s 2% target, and employment are in a good place right now and ...
Federal Reserve Bank of Chicago President Austan Goolsbee reiterated interest rates need to come down over the next year by ...
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