Fed’s Goolsbee Sees Three Rate Cuts This Year as Inflation Cools
- Inflation picture hasn’t fundamentally changed, Goolsbee says
- Chicago Fed president speaks in Yahoo! Finance interview
Austan Goolsbee
Photographer: Vincent Alban/BloombergFederal Reserve Bank of Chicago President Austan Goolsbee said he is among policymakers anticipating three interest-rate cuts this year.
Goolsbee, speaking Monday in an interview on Yahoo! Finance, said his view was in line with the median estimate in projections released following the Fed’s March 19-20 meeting. Ten officials saw at least three cuts this year, while nine others projected two or fewer.