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Chicago Fed President: The absence of economic data makes rate cuts more daunting.

06/11/2025

Chicago Federal Reserve Bank President Austan Goolsbee said that the lack of inflation data during the government shutdown makes him even more concerned about continuing to cut interest rates. "If there are problems with inflation, it may take quite some time for us to notice," Goolsbee said in an interview with CNBC on Thursday. "This makes me even more concerned."

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