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Fed's Goolsbee: if economy deteriorates, the Fed will fix it
FED'S GOOLSBEE: IF ECONOMY DETERIORATES, THE FED WILL FIX IT
— *Walter Bloomberg (@DeItaone) August 5, 2024
Added at 8:41am
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BREAKING: FED'S GOOLSBEE, WHEN ASKED ABOUT AN EMERGENCY CUT: EVERYTHING IS ALWAYS ON THE TABLE INCLUDING RAISES AND CUTS.
— FinancialJuice (@financialjuice) August 5, 2024
Added at 8:42am
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FED'S GOOLSBEE: IF WE ARE NOT OVERHEATING, WE SHOULD NOT TIGHTEN OUR RESTRICTIVENESS IN REAL TERMS || SAYS WE SHOULD RESPOND TO CONDITIONS ON THE BROAD THROUGH LINE; INFLATION IS WAY DOWN AND EMPLOYMENT IS AT RELATIVELY DECENT SPOT
— First Squawk (@FirstSquawk) August 5, 2024
Added at 8:45am
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FED'S GOOLSBEE: THE FED'S JOB IS NOT TO REACT TO ONE MONTH'S NUMBERS ON JOBS.
— FinancialJuice (@financialjuice) August 5, 2024
Added at 8:51am
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FED'S GOOLSBEE: IF THE STOCK MARKET MOVES GIVES THE FED INDICATION OVER A LONGER-ARC THAT WE ARE LOOKING AT DECELERATION IN GROWTH, WE SHOULD REACT TO THAT.
— FinancialJuice (@financialjuice) August 5, 2024
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