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Goolsbee: Have To Consider Restrictiveness Vs Other Economies

FED

Goolsbee ('25 voter at the dovish end of the FOMC) opts to look at monetary policy in an international setting in an interview on CNBC:

  • "*GOOLSBEE: HOPEFUL THAT WE'LL GET MORE INFLATION CONFIDENCE" - bbg
  • "*GOOLSBEE: REAL ECONOMY ISN'T SHOWING TRADITIONAL OVERHEATING" - bbg
  • MNI: GOOLSBEE SAYS MONETARY POLICY IS QUITE RESTRICTIVE
  • "*GOOLSBEE: HAVE TO CONSIDER RESTRICTIVENESS VS OTHER ECONOMIES" – bbg


The comments more broadly are unsurprisingly of similar tone to last week's Fox appearance when he said the Fed can cut if it sees more good inflation reports and that it doesn’t need annual inflation to hit 2% before cutting rates.

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