Goolsbee says Fed 'may be on hold' for now but sees rates going lower in next 12-18 months
Chicago Federal Reserve president Austan Goolsbee told Yahoo Finance Friday that the central bank "may be on hold" for now, but he still sees interest rates moving lower over the "next 12-18 months." The comments about Fed monetary policy came after the release of a new jobs report for January that showed several signs of resilience.