{
Federal Reserve Bank of Chicago

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goolsbee advocates for cautious approach to interest rate cuts as fed nears neutral

Federal Reserve Bank of Chicago President Austan Goolsbee stated that it would be “perfectly sensible” for the central bank to slow the pace of interest-rate cuts as it nears a neutral monetary policy setting. He emphasized that determining what is neutral versus restrictive requires time to observe economic conditions, suggesting that a more measured approach is warranted.
bloomberg.com
United States Dollar Federal Reserve Bank of Chicago USA Austan Dean Goolsbee
Finance & Economy, Transcript
19:43 26.11.2024

goolsbee advocates for rate cuts without signs of economic overheating

Federal Reserve Bank of Chicago President Austan Goolsbee indicated that the central bank is likely to continue lowering the fed funds rate unless there is clear evidence of economic overheating. He emphasized the need for a balanced approach that neither restricts nor promotes economic activity.
Bloomberg.com
Federal Reserve Bank of Chicago USA Austan Dean Goolsbee
Finance & Economy, Transcript
21:49 25.11.2024
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