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Fed’s Goolsbee said the September FOMC meeting is a live meeting.
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He added that the Fed has been getting mixed messages on the economy.
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Fed’s Goolsbee said the most recent inflation data wasn’t great.
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He added that the Fed still has time to take in more data.
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Fed’s Goolsbee said reacting to a stagflation shock is very difficult.
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He added that central bank independence is critically important.
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Tariff increases don’t seem close to done, risk of persistent inflation
We heard from Goolsbee a few days ago as well.
This article was written by Arno V Venter at investinglive.com.