WASHINGTON -- The U.S. is on track to containing inflation through interest cuts, and the pace of those cuts may slow as early as next year as the central bank tries to decide on an appropriate interest level for the economy, Federal Reserve Bank of Chicago President Austan Goolsbee told Nikkei in an interview.
Goolsbee is often considered a dove within the Federal Open Market Committee, which makes monetary policy decisions, including setting interest rates. He will vote in FOMC meetings in 2025 as he serves a one-year rotating term.
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