Fed;s Goolsbee in a interview with the New York Times commented :
Inflation Report: Austan Goolsbee called the latest inflation data “sobering” but cautioned against overreacting to one report.Policy Impact: He emphasized that multiple months of high inflation would indicate the job is not done.Rate Outlook: Goolsbee expects interest rates to settle “a fair bit below” current levels but needs confidence inflation is on track to 2% before supporting further cuts.Long-Term Inflation Expectations: He finds some reassurance that households and businesses still expect inflation to decline over time.Trump’s Policies & Fed Challenges: He warned that policies like tariffs could complicate the Fed’s ability to interpret inflation drivers, making policy decisions more challenging.Supply vs. Demand Inflation: The Fed will need to distinguish between inflation caused by supply shocks (e.g., tariffs) and demand-driven overheating. This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about feds goolsbee latest inflation read is sobering was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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