Fed’s Goolsbee: ‘Profoundly encouraging’ June CPI data makes case for rate cuts

Chicago Fed President Austan Goolsbee on Thursday said the details of the June consumer inflation report helped build his confidence that the price level is going back toward a 2% annual rate of inflation.
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[mwai_chat context=”Let’s have a discussion about this article:nnChicago Fed President Austan Goolsbee on Thursday said the details of the June consumer inflation report helped build his confidence that the price level is going back