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flag Chicago Fed President Goolsbee forecasts three interest rate cuts this year, aligning with the median Fed estimate.

flag Chicago Federal Reserve Bank President Austan Goolsbee has forecasted three interest rate cuts this year, aligning with the median estimate from the Federal Reserve's policy meeting. flag At the meeting, the US central bank maintained its benchmark overnight lending rate at 5.25-5.5%. flag Goolsbee stated that price increase readings for January and February were higher than expected, with housing inflation being the main puzzle to solve.

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