Fed’s Goolsbee cautions on long-term yield impact

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<p>In an interview with The Wall Street Journal, Chicago Fed President Austan Goolsbee emphasized the necessity for Fed to closely monitor long-term bond yields. “A sustained rise in long-term rates can have a very substantial effect on real economic performance,” he warned. In the ongoing debate on the future of interest rates, Goolsbee stated, “It’s […]</p>
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