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Fed's Goolsbee says rates ‘could come down’ if economy stays on ‘golden path’

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1 hour ago

The door to more rate cuts could open further soon, according to a Federal Reserve Bank president, but only if economic indicators remain sustainable on their current trajectories."There was a lot to like in this [consumer price index] report, for sure," Federal Reserve Bank of Chicago President Austan Goolsbee said in an interview on "The Claman Countdown" Thursday."If we keep getting reports like this — I realize it's just one month, and you never want to hinge too much on a single month — but that was a good month. And if we get clarity that we are, in fact, headed back to the 2% inflation...

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