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Goolsbee: If inflation and the job market continue cool, the Fed should cut

Started by forex4you, Aug 04, 2024, 06:49 am

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Goolsbee: If inflation and the job market continue cool, the Fed should cut

Goolsbee continues to do the media rounds:

"It's one month's number, it's a negative number," Austan Goolsbee told Sirius XM, later adding: "This negative number fits into the through-line of -- hey, better be careful, if you're going to be as restrictive as we've been."

  • If inflation and the job market continue cool, the Fed should cut
  • We've had multiple goods months of inflation, it's broad based

The odds of 50 bps have faded to 68% from 80% at the peak today.



                This article was written by Adam Button at www.forexlive.com.

Source: Goolsbee: If inflation and the job market continue cool, the Fed should cut

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