Austan Goolsbee, president of the Fed's Chicago branch, said in an exclusive interview with The Associated Press Friday that he still expects the central bank's rate will be lower in the next 12 to 18 months than it is now.
Jerome Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead
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Austan Goolsbee, president of the Fed's Chicago branch, expect inflation to keep cooling and argue that the Fed's rate doesn't need to be so high.
Federal Reserve expected to stand pat on rates even as Donald Trump demands cuts
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