Chicago Federal Reserve Bank President Austan Goolsbee stated in a CNBC interview that the arc of inflation is clearly down, and as inflation decreases, monetary policy will become tighter. Goolsbee emphasized that tightening should be a choice, not a default. He also noted some warning signs of weakening in the real economy but expressed confidence that a soft landing is still possible. Additionally, Goolsbee mentioned that market-based rents are down, although this is not yet reflected in the data. Goolsbee also described the Fed's current stance as restrictive and dismissed concerns that the last mile on inflation could take longer.
🔵 FED'S GOOLSBEE SEES WARNINGS SIGNS ON REAL ECONOMY Chicago Federal Reserve Bank President Austan Goolsbee on Tuesday said he sees some "warning signs" of weakening in the economy, adding that the U.S. central bank's goal is to get inflation down without stressing the labor… https://t.co/8NYKTISU4j
🗨️ FED's Goolsbee: 📍 I see some warning signs from the real economy weakening. 📍 As inflation comes down, policy gets tighter - 📍 I think we are restrictive. 📍 Market-based rents are down, but not yet reflected in the data. 📍 I don't buy that the last mile on inflation… https://t.co/hpHsKhM5T4
⚠️ FED'S GOOLSBEE: AS INFLATION COMES DOWN POLICY GETS MORE TIGHT -- CNBC INTERVIEW ** I THINK WE SHOULD TIGHTEN BY CHOICE, NOT DEFAULT **I SEE SOME WARNING SIGNS FROM REAL ECONOMY 02 Jul 2024 20:38:18 - FED'S GOOLSBEE: I STILL THINK SOFT LANDING IS POSSIBLE ** ONLY WANT TO…
Fed's Goolsbee Says As Inflation Comes Down, Policy Gets Tighter - CNBC Interview - Thinks We Should Tighten By Choice, Not Default
FED'S GOOLSBEE: AS INFLATION COMES DOWN POLICY GETS MORE TIGHT -- CNBC INTERVIEW FED'S GOOLSBEE: I THINK WE SHOULD TIGHTEN BY CHOICE, NOT DEFAULT FED'S GOOLSBEE: I SEE SOME WARNING SIGNS FROM REAL ECONOMY FED'S GOOLSBEE: I STILL THINK SOFT LANDING IS POSSIBLE FED'S GOOLSBEE:…
🔴 FED''S GOOLSBEE: I DON'T BUY THAT THE LAST MILE ON INFLATION COULD TAKE LONGER.
FED'S GOOLSBEE: THE ARC OF INFLATION IS CLEARLY DOWN.
Fed’s Goolsbee: Believes Fed Is Restrictive - CNBC - As Inflation Comes Down Policy Gets More Tight - Fed Should Tighten By Choice, Not Default - Sees ‘Some Warning Signs’ From Real Economy
🚨 Fed Goolsbee GOOLSBEE: I SEE SOME WARNING SIGNS REAL ECONOMY IS WEAKENING
FED'S GOOLSBEE: I SEE SOME WARNING SIGNS FROM THE REAL ECONOMY WEAKENING.
Fed' Goolsbee: I see some warning signs the real economy is weakening https://t.co/NTADIQYsmG
FED'S GOOLSBEE: AS INFLATION COMES DOWN, POLICY GETS MORE TIGHT - CNBC INTERVIEW.