Fed’s Goolsbee: Inflation is coming down exactly as we want

  • We are on track to 2% inflation
  • Housing inflation is what I’m watching, if it comes down to 2%, then we will be on the right path
  • Labor market is very strong
  • If shocks come, we’ll figure it out
  • Asked about what he sees as the biggest risk to the US economy in the coming year, says a ‘meltdown’ in China

Goolsbee sounds like it won’t be long before he starts pushing for rate cuts.

This article was written by Adam Button at www.forexlive.com. Source