Feb 24 2026FINANCE
Fed Holds Off on Rate Cuts While Inflation Sticks Above Target
The Chicago Fed chief, Austan Goolsbee, told a Washington conference that cutting interest rates now would be premature because inflation still lingers above the 2 % goal. He warned that past mistakes of assuming price rises were temporary should not be repeated. Goolsbee highlighted the latest d
reading time less than a minute
