ADVERTISEMENT

OBAMA ADVISER GOOLSBEE: 'New presidents get a year or so to do anything and I think they’ve used it up.'

Goolsbee says he wants to see solid signs of sustained wage growth before making the case that the economic recovery is complete and the job market is healed.

  • Austan Goolsbee, President Barack Obama's former chief economic adviser, tells Business Insider he sees decent, but not spectacular, economic growth ahead.
  • Goolsbee says he wants to see solid signs of sustained wage growth before making the case that the economic recovery is complete and the job market is fully healed.
  • Gooslbee believes the Federal Reserve may have trouble justifying continued interest rate hikes if inflation and wages don't pick up.
ADVERTISEMENT

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

DalaPay forecasting new trends in African payment systems for 2024

DalaPay forecasting new trends in African payment systems for 2024

Smart traveler's guide: Securiport experts share advice for mitigating security risks

Smart traveler's guide: Securiport experts share advice for mitigating security risks

Tanzania vows to help boost Somalia's defense and security

Tanzania vows to help boost Somalia's defense and security

Changes in the net worth of Africa's 10 richest men since January

Changes in the net worth of Africa's 10 richest men since January

France to back Morocco's power link to Western Sahara

France to back Morocco's power link to Western Sahara

Kenya’s Ruto backs Zimbabwe’s ZiG currency for economic prosperity

Kenya’s Ruto backs Zimbabwe’s ZiG currency for economic prosperity

Here’s another reason Nigeria is losing billions of dollars annually

Here’s another reason Nigeria is losing billions of dollars annually

Top 10 African countries with the lowest fuel prices in April 2024

Top 10 African countries with the lowest fuel prices in April 2024

How SafeHamsters unlocks the potential of crypto betting| Insider Tips

How SafeHamsters unlocks the potential of crypto betting| Insider Tips

ADVERTISEMENT