Austan Goolsbee says it isn’t a “certainty” that Fed will lower interest rates in Sept.

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Austan Goolsbee says it isn’t a “certainty” that Fed will lower interest rates in Sept. – CBS News


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Austan Goolsbee, the president and CEO of the Federal Reserve Bank of Chicago, tells “Face the Nation with Margaret Brennan,” that he doesn’t think it’s a “certainty” that the Federal Reserve will lower interest rates in September. “We’ve been making clear for a while what economic conditions would be appropriate for us to cut rates, for us to hold rates where and they are and things like that.”

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