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Feds Goolsbee: There is nothing in the Feds mandate about stock prices
Fed's Goolsbee in an interview on FOXBusiness says:There is nothing in the Fed's mandate about stock prices.I hope markets remain sober.SVB bet the market was right on Fed, bet against the Fed, a terrible idea.Central bankers have to see through the markets ups and downsThe strongest part of the economic data is labor market data.I am hopeful we can get inflation down to something like a target without a recession.Heartened by strength in various sectors, but we need more balance.If labor market...
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Posted: Jun 30 2023, 16:30
Author Name: forexlive
Views: 112426