Chicago Fed’s Goolsbee says Fed independence is ‘critically important’ for its inflation fight newsthirst.
Chicago Federal Reserve President Austan Goolsbee. Kate Rooney | CNBC Federal Reserve Bank of Chicago President Austan Goolsbee on Monday urged against reducing the central bank’s independence as President Donald Trump amped up criticism of Chair Jerome Powell. “The long-run expectations that the Fed would get inflation back down to the 2% target were critically important….