Fed’s Goolsbee Sees Lower Rates as Inflation Falls This Year
- Chicago chief says Fed shouldn’t change 2% inflation goal now
- Goolsbee is last official set to speak before March meeting
Austan Goolsbee
Photographer: Vincent Alban/BloombergThis article is for subscribers only.
Federal Reserve Bank of Chicago President Austan Goolsbee said he expects policymakers will lower interest rates this year as inflation cools further.
Inflation improved substantially last year, but the US central bank needs to get it back to its 2% target, Goolsbee said Friday in an interview on Fox News.