2026-11-09 19:08:59
Chicago Fed President Goolsbee Says Fed Failed in Inflation Management, Above 2% Target for Over Five Years
According to Yonhapinfomax, Chicago Federal Reserve President Austan Goolsbee said on November 9 that the Fed must respond to its failure in managing inflation. Speaking at an event in Chicago, Goolsbee stated the central bank "must acknowledge we have failed on the cost side and inflation side of o