Fed's Goolsbee: Latest inflation number was 'excellent' hopefully more to come
Goolsbee is participating in a panel. There is still a little bit of 'juice' left in last year's rapid inflation declineExternal shocks have derailed soft landings in the pastCan't help but be optimistic if you look at the long viewThe 'vibes' used to be good indicator of spending but no longer so we put less weight on them nowMore to come This article was written by Adam Button at www.forexlive.com.
Goolsbee is participating in a panel.
- There is still a little bit of 'juice' left in last year's rapid inflation decline
- External shocks have derailed soft landings in the past
- Can't help but be optimistic if you look at the long view
- The 'vibes' used to be good indicator of spending but no longer so we put less weight on them now
More to come This article was written by Adam Button at www.forexlive.com.
