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GOOLSBY, Federal Reserve: Some parts of April inflation represent the lagging nature of the data, and the Federal Reserve is still on the sidelines. It will take some time for the current inflation trend to be reflected in the data.
GOOLSBY, Federal Reserve: Some parts of April inflation represent the lagging nature of the data, and the Federal Reserve is still on the sidelines. It will take some time for the current inflation trend to be reflected in the data.
2025-05-14 09:37:16
Federal Reserve Goolsbee: The job market has cooled to full employment.
Federal Reserve Goolsbee: The job market has cooled to full employment.
2024-10-10 14:10:24
Goolsby: Current interest rate level is hundreds of basis points above neutral rate
Goolsbee said that it is reasonable to start cutting rates by 50 basis points; we are returning to the normal dual mandate model; our current level of interest rates is hundreds of basis points above neutral; if this continues, there will be a lot of rate cuts in the next 12 months; we still have a long way to go to get rates down to near neutral.
2024-09-23 15:16:26
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