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Chicago Fed's Goolsbee says central bank 'has definitely got work to do' on inflation
The policymaker expressed concern about the latest inflation data, telling CNBC that the central bank likely will need to take action.
What's new
- New headline Was: “Fed's Goolsbee calls inflation report 'borderline disturbing' as central bank weighs more hikes”
How it’s being reported
1 sourceFed's Goolsbee calls inflation report 'borderline disturbing' as central bank weighs more hikes
Gives this outlet’s account of the story.
The consumer price index rose more than expected in October, raising alarm among Federal Reserve officials.
Same copy also at: CNBC