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Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden

Economic Times 8 hrs ago·21 Sept 2026, 2:15 pm

Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation and raise borrowing costs. He said the debate reinforces the importance of Federal Reserve independence.

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Summary & analysis by DocStoX. Full story at Economic Times.

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