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Fed's Goolsbee Warns Against Reflexively Lowering Rates

📍 New York, United States, US·🕐 173d ago·1 outlet

Federal Reserve Bank of Chicago President Austan Goolsbee warns against reflexively lowering interest rates in response to faster productivity growth, as it can sometimes drive up inflation. He speaks at the Milken Institute Global Conference in Beverly Hills, California. (

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