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As Joe Biden this week hailed America’s booming economy as the strongest in the world during a reelection campaign tour of battleground-state Pennsylvania, global finance chiefs convening in Washington had a different message: cool it. The push-back from central bank governors and finance ministers gathering for the International Monetary Fund-World Bank ...
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Chicago Fed President Austan Goolsbee said Friday that "progress on inflation has stalled" and that "it makes sense to wait" before cutting rates. "You never want to make too much of any one month’s data, especially inflation, which is a noisy series," Goolsbee said in remarks prepared for a speech before the Society for Advancing Business Editing and ...
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