Fed's Goolsbee: Impact of rising productivity on inflation remains active topic of debate


Chicago Fed Pres. Goolsbee is speaking and says:

  • Impact of rising productivity on inflation remains active topic of debate.
  • Activities impact on inflation and interest rates could go in either direction.
  • If households anticipate future income, wealth gains from higher productivity, they could produce spending inflation.

This article was written by Greg Michalowski at investinglive.com.



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