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⚠️ FED'S GOOLSBEE SAYS HE SEES THREE RATE CUTS THIS YEAR Full Story → https://t.co/83xLQ9Lbso Chicago Federal Reserve Bank President Austan Goolsbee said on Monday that at the Federal Reserve's policy meeting last week he penciled in three rate cuts for this year. https://t.co/vo2EnnSetQ
Fed’s Austan Goolsbee says he sees three interest rate cuts this year https://t.co/jm13qToU8q

Federal Reserve Bank of Chicago President Austan Goolsbee stated that he expects three interest-rate cuts in 2024, aligning with his projections. Goolsbee highlighted the main challenge with inflation in the housing sector and emphasized the need for progress in inflation reduction amid a murky period. The policymaker's stance reflects a cautious approach towards monetary policy adjustments.