Chicago Fed’s Goolsbee says central bank ‘has definitely got work to do’ on inflation
Summary
Chicago Federal Reserve official Austan Goolsbee stated that the central bank still needs to address rising price pressures. Following recent economic data, he indicated that monetary policymakers will likely need to take further action.
The policymaker expressed concern about the latest inflation data, telling CNBC that the central bank likely will need to take action.
Source: Read the full story at US Top News and Analysis
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