Goolsbee: Still feels confident about a soft landing

  • Feels confident about a soft landing
  • Nothing has happened in the last 2 months to make them think that the golden path is not attainable
  • I don’t like to speculate on the future Fed action
  • It does feel like we are in a period where conditions continue to go as they have over the last couple months, our argument will go toward how long do we keep rates at the same level
  • We have a couple of good months on improvement in inflation
  • There is still a long way to go

This article was written by Greg Michalowski at www.forexlive.com. Source