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Fed's Goolsbee Signals Multiple Rate Cuts Ahead, Cites Recession Warning Signs As Unemployment Rises
Benzinga
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9/24/2024
Austan Goolsbee signals potential for multiple Fed rate cuts over next 12 months, shifting focus from inflation to labor market stability. A 0.7% rise in unemployment within a year often signals recession risk, Goolsbee warns.
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