Fed’s Goolsbee makes case for rate cut in coming months, citing ‘warning signs’ of a slowdown

By / / Finance / 1 minute of reading



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Chicago Federal Reserve Bank President Austan Goolsbee on Tuesday made the case for a cut in interest rates in coming months, saying that maintaining the current level of the policy rate as inflation keeps falling means that policy will put more downward pressure on demand.



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Avatar of Carole Jacobs
Carole Jacobs is a freelance writer and editor based in Phoenix, Arizona. She writes lifestyle, books, sports, education, and tech articles for a variety of publications and websites. Her hobbies include hiking, reading, and watching cat videos on YouTube.

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