Chicago Fed President Sees Golden Path to Curb Inflation Without Recession
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Austan Goolsbee, Chicago Fed president, sees potential for a "soft landing" where inflation falls without a recession.
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Goolsbee says the economy may be on a "golden path" to lower inflation without a crash.
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He cautions it's still uncertain and won't predict interest rate changes.
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Analysts increasingly expect the Fed will cut rates in 2023, not hike them.
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Inflation has fallen from 9.1% in June to 3.2% in October, suggesting disinflation.