Tag: Goolsbee
US rates, Goolsbee (Chicago Fed) slows down on cuts
(Finance) – “Progress on inflation is stalling in 2024. At this time, it makes sense to wait and get more clarity before moving.” The said it President of the Chicago…
Fed, Goolsbee maintains focus on PCE after CPI above expectations
(Finance) – “We had multiple inflation values higher than we wanted” for the consumer price index (CPI), but PCE “is the best measure“. He stated it Austan Goolsbeepresident of the…
Goolsbee: Fed needs to determine how long it will remain restrictive
(Finance) – “You have to lend be careful how long you want to be this restrictive“, because “if you stay there too long, the unemployment rate will start to go…
Fed, for Goolsbee the March cut is unlikely but he does not rule it out
(Finance) – Il President of the Federal Reserve Bank of Chicago, Austan Goolsbeewould like to see more favorable inflation data before deciding on a rate cut, although he does not…