Complete News, Your Way.
Published loading...Updated

Key Fed official sees possible 'golden path' toward lower inflation without a recession

  • Austan Goolsbee predicts a "golden path" for the economy, or a "soft landing," balancing inflation control without causing a recession.
  • Goolsbee's optimistic outlook on inflation suggests a rate cut by the Federal Reserve, with a 28% chance in March and a 58% chance in May.
  • Inflation has been falling towards the Fed's target of 2%, but there is no certainty if it will halt above or below this level.
Insights by Ground AI
Does this summary seem wrong?

16 Articles

All
Left
4
Center
8
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 67% of the sources are Center
67% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

abc News broke the news in United States on Monday, November 20, 2023.
Sources are mostly out of (0)