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Fed's Goolsbee says getting inflation back to 2% will take time

Started by forex4you, Jul 04, 2024, 07:29 am

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Fed's Goolsbee says getting inflation back to 2% will take time

Federal Reserve Bank of Chicago President Austan Goolsbee spoke with UK media, BBC radio:

  • getting inflation back to 2% will take time
  • still much data to be had on the economy before cutting rates
  • warns against prolonged high interest rates
  • expressed concern about the pace at which the labour market was slowing


                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Fed's Goolsbee says getting inflation back to 2% will take time

forexlive.com
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