Fed's Goolsbee Says Traditional Economic View May Cause Overshoot

(Bloomberg) -- Federal Reserve Bank of Chicago President Austan Goolsbee said policymakers shouldn’t place too much weight on the traditional economic idea that steep job losses are needed to quell inflation, which he said could lead officials to raise interest rates too high.Most Read from BloombergElon Musk Wins US Space Force Contract for StarshieldChina Puts Evergrande’s Billionaire Founder Under Police ControlPakistan Rupee Set to Become Top Performing Currency Globally Peloton Soars After

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