Federal Reserve Bank of Chicago President Austan Goolsbee said policymakers have “got to come to terms with this cost side and inflation side failure in the mandate.” He sees the need to tackle a potential overheating in the economy from the artificial intelligence buildout and a broadening of inflation pressures. Goolsbee spoke Monday in Chicago. (Source: Bloomberg)
Federal Reserve Bank of Chicago President Austan Goolsbee said policymakers have “got to come to terms with this cost side and inflation side failure in the mandate.” He sees the need to tackle a potential overheating in the economy from the artificial intelligence buildout and a broadening of inflation pressures. Goolsbee spoke Monday in Chicago. (Source: Bloomberg)
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