• Welcome to forex.pm forex forum binary options trade. Please login or sign up.
 

Fed's Goolsbee on US CPI report - "This is what a path to 2% inflation looks like'

Started by forex4you, Jul 12, 2024, 06:38 am

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

forex4you

Fed's Goolsbee on US CPI report - "This is what a path to 2% inflation looks like'

Federal Reserve Bank of Chicago President Austan Goolsbee is pretty happy with the CPI report for June:


  • June CPI report 'excellent,' improvement on shelter inflation
    'profoundly encouraging'
  • This is what a path
    to 2% inflation looks like
  • As inflation falls,
    leaving Fed policy rate steady means Fed is tightening policy
  • The reason to
    tighten policy would be if economy is overheating
  • We are not
    overheating
  • Labor market is
    cooling, still strong
  • It doesn't feel like
    the beginning of a recession
  • Financial conditions
    are pretty restrictive
  • I don't like tying
    our hands on policy decisions
  • Need to decide when
    to cut rates, not trying to figure out a rate path for next seven
    months

More on the report here ICYMI:



                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Fed's Goolsbee on US CPI report - "This is what a path to 2% inflation looks like'

forexlive.com
Forex4you offers wide range of trading accounts with DDE, NDDE and STP executions including more than 100 instruments. Forex4you is based on MetaTrader 4 trading platform. Clients have the advantage of daily technical and fundamental analysis, one-click trading, economic calendar, mobile trading applications, news and forecasts from Dow Jones (UK) and signals from Trading Central (US). In addition, Forex4you offers Forex dictionary, educational materials and lot of "How to" guides about Forex.

forex4you.com   share4you.com   betiforex.com Forex  beginners-guide-to-iq-option-complete-review forex4you review forex4you Forex4you Review - One of the Best Forex Brokers Forex4you Review - One of the Best Forex Brokers forex4you - PAMM forex broker review and feedback from traders forexbinaryoption.ae aroundworld24.com  Affiliate programs  Forex4you Affiliate programs   



forex4you.com