Fed's Goolsbee: Progress in inflation fight has 'stalled'

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Chicago Fed President Austan Goolsbee says the progress the central bank had been making in bringing down inflation has 'stalled.' Goolsbee thinks it 'makes sense' to wait on rate cuts. Goolsbee's pivot is notable given that he has been one of the members of the Federal Reserve.

#FederalReserve #Inflation #RateCuts

https://finance.yahoo.com/video/feds-goolsbee-progress-inflation-fight-150047119.html