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Fed's Goolsbee calls for a hold on cuts as current rate of inflation is 'not good enough'
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Fed's Goolsbee calls for a hold on cuts as current rate of inflation is 'not good enough'

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The Chicago Fed president said Tuesday that cuts aren't appropriate until there's more evidence that inflation is on its way down.

Chicago Federal Reserve President Austan Goolsbee said Tuesday that interest rate cuts aren't appropriate until there's more evidence that inflation is on its way down. With recent indicators showing that inflation well off its highs but still above ... [2534 chars]

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Source: CNBC

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