The U.S. economy is in a strange and unprecedented moment, according to Austan Goolsbee, the new president of the Chicago Federal Reserve Bank.
“Lots... The U.S. economy is in a strange and unprecedented moment, according to Austan Goolsbee, the new president of the Chicago Federal Reserve Bank. “Lots of things in the economy got turned on their heads, and we need to figure out where they will land and what that means for the future,” Goolsbee said.Goolsbee is a voting member of the Fed’s interest-rate committee this year. He was a top economic adviser to President Barack Obama for three years and then returned to the University of Chicago Booth School of Business to teach economics.
How so?