Fed’s Goolsbee says trend of economic data justifies multiple Fed rate cuts, starting soon

Date:

September 5, 2024

The longer-run trend of labor-market and inflation data justify the Federal Reserve easing interest-rate policy soon, and then steadily over the next year, Chicago Fed President Austan Goolsbee said Thursday, in an exclusive interview with MarketWatch.

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Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Fed’s Goolsbee says trend of economic data justifies multiple Fed rate cuts, starting soon

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