The Fed’s path back to its 2% inflation target rate would still be on track even if price increases run a bit hotter-than-expected over the next few months, and the central bank should be wary of waiting too long before it cuts interest rates, Chicago Fed President Austan Goolsbee said on Wednesday.
* Goolsbee’s remarks came after an upside surprise in U.S. inflation on Tuesday showed the consumer price index (CPI) ..Join Our :-
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