Fed’s Goolsbee expects three rate cuts this year

  • Asked if June is on the table, said everything is on the table but depends on data
  • We are in historic restrictive territory
  • Latest reports do not change the overall picture on inflation
  • Says in a bit of a murky picture on inflation
  • Wants to see more progress on inflation
  • Main puzzle is about housing inflation

He spoke in an interview with Yahoo Finance.

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