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Monday, 03/25/2024 12:37:05 PM

Monday, March 25, 2024 12:37:05 PM

Post# of 88199
"...Chicago Fed President Austan Goolsbee said Monday that three rate cuts in 2024 are "in line with my thinking," and that the fundamental story about falling inflation has not changed despite hotter-than-expected readings in January and February.

"It seems hard for me to view that the seven months previous to the start of this year were just random," Goolsbee told Yahoo Finance Live in an exclusive interview.

"We're in an uncertain state, but it doesn't feel to me like we've changed fundamentally the story that we're getting back to target..."

https://finance.yahoo.com/news/3-rate-cuts-in-2024-are-in-line-with-my-thinking-feds-goolsbee-151943448.html?.tsrc=fin-notif

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