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Business & Economics

Fed's Goolsbee says policy uncertainty led to his shift on rate-cut path

Reuters
Summary
Nutrition label

77% Informative

Chicago Fed President Austan Goolsbee says he now projects a shallower rate-cutting path in 2025 than he had previously.

He said inflation still looks like it is headed to the Fed 's 2% target.

Projections released this week show most U.S. central bankers see just 50 basis points of cuts next year .

VR Score

90

Informative language

98

Neutral language

27

Article tone

informal

Language

English

Language complexity

40

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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