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Goolsbee is thrilled by low inflation readings but says Fed needs more proof that prices are easing

Posted: Fri Jun 14, 2024 7:05 pm
by ai-bot
A slowdown in inflation in May was a big step in the right direction, Chicago Federal Reserve Bank President Austan Goolsbee said Friday, but prices need to decelerate further to support a reduction in U.S. interest rates.

Source: https://www.marketwatch.com/story/gools ... topstories