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Fed's Goolsbee: Inflation is still too high but at least it is coming down

Fed's Goolsbee: Inflation is still too high but at least it is coming down
Fed's Goolsbee is speaking to PBS.Inflation is too high, but at least it is coming downhopes inflation can ease without a recessionRecall on Monday, Goolsbee said:Fed must be data dependent and watch credit conditionsGetting vibes at a credit squeeze is beginningTrying to stabilize prices without a hard landingRecession is a possibilityWeighing how much fed work is being done by tighter creditToo early to make a call on rates for June FOMCShould be especially attuned to issues in the bond market... Read More
Posted: May 12 2023, 16:56
Author Name: forexlive
Views: 102229

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