Fed’s Goolsbee Says Uneasy ‘Front Loading’ Cuts Amid Inflation

Federal Reserve Bank of Chicago President Austan Goolsbee signaled that he’s still apprehensive about delivering another rate cut at the central bank’s December meeting.

Inflation “seems to have kind of stalled out and, if anything, given warnings of going the wrong way,” Goolsbee said Thursday at an event in Indianapolis. “So that makes me a little uneasy.”