Fed’s Goolsbee: ‘Several’ Rate Cuts Possible This Year if Inflation Gets on Track to 2%

The U.S. Federal Reserve could approve “several more” interest rate cuts this year if inflation resumes a decline to the central bank’s 2% target, Chicago Fed President Austan Goolsbee said Tuesday, downplaying a recent weak consumer price report as masking strong service…[#item_full_content]