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Fed's Goolsbee: more CPI reports like January's would mean job on inflation not done

ReutersFeb 12, 2025 6:09 PM

- Chicago Federal Reserve Bank President Austan Goolsbee on Wednesday said that he did not want to read too much into the hotter-than-expected inflation reading for January, as it followed two earlier months of more encouraging data.

But in an interview with the New York Times he said, “There’s no question, if we got multiple months like this, then the job is clearly not done."

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