This is a news story, published by ABC News, that relates primarily to Austan Goolsbee news.
For more Austan Goolsbee news, you can click here:
more Austan Goolsbee newsFor more Us federal policies news, you can click here:
more Us federal policies newsFor more news from ABC News, you can click here:
more news from ABC NewsOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best politics news, business news, entertainment news, and much more. If you like this article about Us federal policies, you might also like this article about
Federal Reserve. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest rate cut news, key interest rate news, news about Us federal policies, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Federal Reserve BankABC News
•
85% Informative
Austan Goolsbee , president of the Federal Reserve Bank of Chicago , says Fed can't risk being too late with rate cuts.
With inflation easing, the Fed is widely expected to start cutting its benchmark rate next month .
He says the Fed 's rate decisions affect the economy only after an extended time lag.
The Fed 's key rate affects many consumer and business loan rates.
VR Score
92
Informative language
95
Neutral language
51
Article tone
semi-formal
Language
English
Language complexity
49
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
1
Affiliate links
no affiliate links