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 ...
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 ...
In an interview with CNBC on Friday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said if conditions are stable and there is no uptick in inflation, with full employment ...