Fed's Goolsbee: Inflation is coming down exactly as we want- We are on track to 2% inflation
- Housing inflation is what I'm watching, if it comes down to 2%, then we will be on the right path
- Labor market is very strong
- If shocks come, we'll figure it out
- Asked about what he sees as the biggest risk to the US economy in the coming year, says a 'meltdown' in China
Goolsbee sounds like it won't be long before he starts pushing for rate cuts.
This article was written by Adam Button at www.forexlive.com.
Source: Fed's Goolsbee: Inflation is coming down exactly as we want (https://www.forexlive.com/centralbank/feds-goolsbee-inflation-is-coming-down-exactly-as-we-want-20231201/)
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