Fed's Goolsbee still not ready to cut interest rates
"It's a benign report," Austan Goolsbee, president of the Federal Reserve Bank of Chicago and a voting member of the Fed's rate-setting committee, told USA TODAY on May 13. The Fed next meets June 17 through June 18. Last month, annual inflation dropped from 2.4% to 2.3%. the lowest in more than four years and moderately above the Fed's 2% goal, the Labor Department's…
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