- If we get a few more months of excellent inflation reports, that would persuade me we’re still on golden path
- Want to wait until the anxiety dies down before comfortable that US is back on track to a soft landing
- If we’re going to an environment where prices start rising again, I’ll be nervous
- New round of tariffs makes it messy to truly say how the economy is doing
- Latest tariff threat could delay rate cuts
Goolsbee spoke on a podcast with Moody’s and with the WSJ. The hawkish comment that’s bolded is potentially market moving. The pricing for September is at 68% and that’s looking a tad rich but next week’s CPI will be critical.
This article was written by Adam Button at www.forexlive.com.