Central Banks
Fed’s Goolsbee Says Premature to Make Call on June Rate Decision
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Chicago Fed President Austan Goolsbee said it was too soon to judge what officials should do with interest rates when they meet next month, though banking strain could do some of their work for them.
“It has to give you some pause,” Goolsbee said of financial-sector turmoil in an interview on Fox News Friday. “That’s likely to slow the economy and for sure you should take that into account.”