Federal Reserve official Austan Goolsbee says rate hike may be needed
According to Jin10, Austan Goolsbee of the Federal Reserve (U.S. central bank) said there could be a need to raise interest rates.
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Terms & Concepts
Interest rates: Benchmark borrowing costs set or influenced by central banks that affect credit conditions, investment flows, and risk appetite across markets.
Federal Reserve: The U.S. central bank, which manages monetary policy and influences liquidity and financial conditions globally.