Federal Reserve Bank of Chicago President Austan Goolsbee said he adjusted his outlook for interest rates a little higher for 2025 but added he still expects borrowing costs to fall a “fair bit ...
Dec 20 (Reuters) - Chicago Federal Reserve President Austan Goolsbee said on Friday he now projects a shallower rate-cutting path in 2025 than he had previously, but added he still believes the U ...
Goolsbee insisted inflation is still on track to reach the Fed's goal of 2% in the next year or two. "The overall thread is that inflation is way down. I believe we are on the path to 2%," he said ...