Fed’s Goolsbee cautions the market has gotten itself euphoric on likely Fed rate cuts

Federal Reserve Bank of Chicago President Austan Goolsbee speaking in an interview with Fox TV.

  • Market has gotten ahead of themselves on euphoria
  • If inflation keeps
    coming down, fed can reconsider how restrictive it is
  • Fed’s decisions are
    not political
  • What determines
    whether fed can be less restrictive is inflation
  • Fed should not be
    bullied by what the market wants


Euphoric is good

This article was written by Eamonn Sheridan at www.forexlive.com. Source