Goolsbee is thrilled by low inflation readings but says Fed needs more proof that prices are easing

A slowdown in inflation in May was a big step in the right direction, Chicago Federal Reserve Bank President Austan Goolsbee said Friday, but prices need to decelerate further to support a reduction in U.S. interest rates.
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[mwai_chat context=”Let’s have a discussion about this article:nnA slowdown in inflation in May was a big step in the right direction, Chicago Federal Reserve Bank President Austan Goolsbee said Friday, but prices n