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Fed's Goolsbee sees gradual policy rate cuts over next 12-18 months

"Over a 12-18 month period, I think we are going to gradually, whatever word you want to use, move to a steady state" on the policy rate, Goolsbee said in a ...

By: Yahoo Entertainment

Oct 11 2024
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9862 Views

Fed's Goolsbee sees gradual policy rate cuts over next 12-18 months

(Reuters) - Chicago Federal Reserve Bank Austan Goolsbee on Thursday said he sees a series of interest-rate cuts over the next year to year and a half, noting that inflation is now near the Fed's 2% … [+612 chars]

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Softbank is wooing Trump with a plan to invest $100 billion in AI