Austan Goolsbee Talks Fed Policy, Inflation Data
Bloomberg Talks2 Jul 2024

Austan Goolsbee Talks Fed Policy, Inflation Data

Federal Reserve Bank of Chicago President Austan Goolsbee said policymakers should cut interest rates if US inflation continues to fall back to the 2% target.
The Chicago Fed chief, speaking Tuesday on Bloomberg TV in Sintra, Portugal, said he feels “we are on a path to 2%” inflation and “if you just hold the rates where they are while inflation comes down, you are tightening — so you should do that by decision, not by default.”

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Richmond Fed President Tom Barkin Talks Iran War

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