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More Goolsbee:If the Fed sees lack of progress on the price side, it will have to tighten

More from Fed's Goolsbee is on the wires saying:If Fed sees lack of progress on the price side, it will have to raise restraint.Trying not to put much weight on conventional measures of overheatingHave not decided what to do at the next meetingRecent inflation was mostly supply though there was a demand componentThe Fed will have a legitimate debate about how the current framework worked in this period of inflationInflation targets do risk giving a false sense of precision around a variable that... Read More

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Goolsbee

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Forex

Posted: Sep 28 2023, 13:36

Author Name: forexlive

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