Goolsbee: If inflation and the job market continue cool, the Fed should cutGoolsbee 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 (https://www.forexlive.com/centralbank/goolsbee-if-inflation-and-the-job-market-continue-cool-the-fed-should-cut-20240802/)
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