This is a Switzerland news story, published by MSN, that relates primarily to Goolsbee news.
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inflation rateFoxnews
•71% Informative
Goolsbee : We're probably way past deciding what inflation really was and who's right or who's wrong on this.
Switzerland today cut rates for the second time. Bank of England did not even though, you know, inflation there is now hovering around the desired 2% , close to where we want it and still nothing in terms of our cutting rates.
What matters is this global trend to reverse that pattern of high rates and high prices.
The Chicago Fed president Austin Goosby says he's out of the elections business.
He says the Fed has a dual mandate that we're looking at economic conditions, and that is 100% and no less than 100% .
Austin : "We don't want to do this if it's going to help Neil . It's not about politics, it's about economics".
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