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