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PropMarketCapFRESHMacroeconomics and central banks

Goolsbee ahead of US inflation data: service prices are accelerating not only because of tariffs

Austin Goolsbee, President of the Federal Reserve Bank of Chicago, said on Monday, November 9, that service price growth has been accelerating for several months. A day before the US inflation data, this is the most inconvenient argument for those expecting a rapid rate cut.