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.
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Total News Sources0
Leaning Left4Leaning Right0Center8Last Updated9 days agoBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
L 33%
C 67%
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