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Goolsbee: 'fabulous news' to see inflation coming down; have to play by ear on restrictiveness of policy rate
*CHICAGO #FED PRESIDENT AUSTAN GOOLSBEE SPEAKS ON YAHOO FINANCE - BBG
— Christophe Barraud (@C_Barraud) July 31, 2023
*GOOLSBEE: `FABULOUS NEWS' TO SEE INFLATION COMING DOWN
*GOOLSBEE: MONTHLY INFLATION READINGS COMING IN `QUITE GOOD'
*GOOLSBEE: HAVE TO PLAY BY EAR ON RESTRICTIVENESS OF POLICY RATE
Added at 9:41am
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FED'S GOOLSBEE: THE FED WALKING THE LINE PRETTY WELL ON POLICY, OUR GOAL IS TO GET INFLATION WITHOUT MAJOR RECESSION.
— Breaking Market News (@financialjuice) July 31, 2023
Added at 9:41am
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FED'S GOOLSBEE: WE HAVE NOT SEEN TIGHTER CREDIT CONDITIONS THAN EXPECTED.
— Breaking Market News (@financialjuice) July 31, 2023
Added at 9:42am
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FED'S GOOLSBEE: THE FED ARE ON GOLDEN PATH, THE EFFORT TO CURB INFLATION IS WORKING.
— Breaking Market News (@financialjuice) July 31, 2023
Added at 9:42am
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FED'S GOOLSBEE: THE NORMAL RULES OF DIRECT TRADEOFF BETWEEN INFLATION AND LABOR MARKET DO NOT APPLY.
— Breaking Market News (@financialjuice) July 31, 2023