Goolsbee Warns Persistent Inflation Could Force More Aggressive Fed Hikes
Chicago Fed President Austan Goolsbee said persistent inflation could leave the central bank with little choice but to take a more aggressive approach to interest rates.
Federal Reserve Bank of Chicago President Austan Goolsbee on Friday warned that persistent inflation could leave the central bank with little choice but to take a more aggressive approach to interest rates.During an interview with CNBC, Goolsbee said inflation is proving more persistent than policy…