Fed Official Goolsbee Expects Three Rate Cuts This Year Despite Higher Inflation Readings
- Fed's Goolsbee says he sees three rate cuts this year
- Goolsbee was at the median projection for interest rate reductions this year
- Price increase readings for January and February were higher than expected
- The "main puzzle" is still housing inflation
- Goolsbee said it doesn't feel like the fundamental story has changed - that they are getting back to target
