Fed's Goolsbee: More economic data is needed to determine the direction of inflation expectations
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On February 24, the final one-year inflation rate in the US for February was expected to reach 4.3%, a new high since November 2023. Chicago Fed President Goolsbee downplayed this data result.
In an interview on Sunday, Goolsbee said the figure "is not good", but added: "But this is just one month's data, we need at least two to three months of data to count."
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