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Federal Reserve Goolsbee: Concerns that tightening policies will increase the probability of a U.S. recession

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2024-09-06 15:51:48
The Fed's Goolsbee said that the market is pricing interest rates very similar to the Federal Reserve's forecast; as long as the long-term trend shows that inflation is falling, our tolerance for a small upward surprise in CPI will be slightly higher; the fear that if we maintain this level of tightening, the probability of a U.S. recession may increase.
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