Chicago Federal Reserve President Austan Goolsbee said the neutral rate is "well below" where it is right now, and policymakers can cut further so long as the economy does not overheat.

Federal Reserve Bank of Chicago President Austan Goolsbee said he foresees the central bank continuing to lower rates toward a stance that neither restricts nor promotes economic activity.

Federal Reserve Bank of Chicago President Austan Goolsbee called this a “critical moment” for monetary policy on Thursday, with the U.S. economy at a transition point as the year comes to a close. The distortions of the Covid-19 pandemic and subsequent economic rebound are fading and it’s time to land the plane.

Chicago Federal Reserve President Austan Goolsbee on Thursday reiterated his support for further interest rate cuts and his openness to doing them more slowly, remarks that underscore the U.S. central bank's debate that it's not about whether,

Chicago Fed President Austan Goolsbee said Thursday he anticipates interest rates will end up considerably lower within the next year. He cautioned that the Federal Reserve may need to decelerate rate cuts

Federal Reserve Bank of Chicago President Austan Goolsbee said it would be “perfectly sensible” for the US central bank to slow down the pace of its interest-rate cuts as it approaches what it deems a neutral setting for monetary policy.