Chicago Federal Reserve Chair Goolsbee stated that service sector inflation has not yet been contained. If inflation continues to decline, there will be multiple rate cuts in the future. A 3% rate is considered a neutral, accommodative target.
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Chicago Federal Reserve Chair Goolsbee: Service sector inflation has not yet been contained
Chicago Federal Reserve Chair Goolsbee stated that service sector inflation has not yet been contained. If inflation continues to decline, there will be multiple rate cuts in the future. A 3% rate is considered a neutral, accommodative target.