Fed's Goolsbee Signals Multiple Rate Cuts Ahead, Cites Recession Warning Signs As Unemployment Rises

2024-09-24 2,833

Austan Goolsbee signals potential for multiple Fed rate cuts over next 12 months, shifting focus from inflation to labor market stability. A 0.7% rise in unemployment within a year often signals recession risk, Goolsbee warns.

Free Traffic Exchange