Published May 6, 2026, 2:32 PM ET · Updated 6 months ago · 1 source
Fed's Goolsbee Warns Against Reflexively Lowering Rates
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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. (Source: Bloomberg)