Mar 25, 01:54 PM

Chicago Fed's Goolsbee Reaffirms Expectation of Three Rate Cuts in 2024, Highlights Inflation Concerns in Housing Sector

Chicago Fed's President Austan Goolsbee reiterated his expectation for three interest-rate cuts in 2024, aligning with his previous stance. Goolsbee highlighted concerns about inflation in the housing sector and emphasized the need for progress in reducing inflation amidst a challenging period.

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