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Fed's Goolsbee: Last six months have shown we can bring down inflation without jobs lost

Fed's Goolsbee: Last six months have shown we can bring down inflation without jobs lost
So far we've been able to walk the golden pathThe bank problems 'have been the dog that's not barking'We have been disproving people with a stable Phillips curve mindsetThis has been a strange business cycle, so normal tradeoffs don't applyAsked about a rate hike, says he's 'not a fan of tying our hands before the data'Notes openness to reading data ahead of SeptGetting inflation down without higher unemployment 'would be a triumph'I don't see any reason for him to be talking about 'triumphs' an... Read More
Posted: Jul 31 2023, 13:27
Author Name: forexlive
Views: 080825

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