Goolsbee Says Rates Could Settle Below Current Levels
Chicago Fed President Austan Goolsbee said rates can come down if the Fed sees evidence inflation is returning to 2% with full employment.
At 0901 ET, Chicago Fed President Austan Goolsbee said interest rates could ultimately settle well below their current level. In an interview published by Semafor, he said rates can decline if the Federal Reserve sees evidence that inflation is moving back toward 2% with full emp…