Federal Reserve officials expressed concerns about inflation risks on Tuesday, and Goolsbee even pointed out that Trump's trade policies could lead to "stagflation" in the United States. Click to view...
Goolsbee, president of the Chicago Fed, issued a stark warning: "Political interference will lead to runaway inflation and rising unemployment". But Trump said there was little inflation in the US and "Mr. Too Late" should cut interest rates. Click to view...
Mr. Goolsby predicted that business-led precautionary buying could artificially heat up economic activity and cool it in the coming months.
The Federal Reserve's Goolsbee said it is satisfied that the Federal Reserve is on track to achieve its 2% inflation target and must pay attention to the specifics of tariffs.
美联储Goolsbee表示,对美联储处于实现2%通胀目标的路径感到满意,必须关注关税的具体情况。
Goolsby stressed that it would take at least two or three months of data to "count". Click to view...
Chicago Fed President AUSTAN GOOLSBEE said in an interview that the United States still has a lot of work to do to achieve inflation of 2%.
Federal Reserve Goolsby: Once inflation falls, interest rates can fall further. (Golden Ten)
Federal Reserve Goolsby: This is a solid non-farm payrolls report.
Federal Reserve Goolsbee: It looks like we are on the verge of achieving full employment.
Federal Reserve Goolsby: After recent observations, I am optimistic that tariffs will not ultimately become a significant barrier to trade.
Federal Reserve Goolsby: We may keep interest rates on hold for now. The neutral equilibrium point for interest rates has fallen.
Austan Goolsbee, the president of the Federal Reserve Bank of Chicago, said that while uncertainty over fiscal policy could lead to fewer rate cuts, he still expected some rate cuts over the next 18 months. "I think it makes the environment even more confusing," Goolsbee said of other uncertainties facing U.S. policy and the economy. "I still think we're going to end up quite a distance below where we are now, but because of these uncertainties, I'm slowing down a little bit to get there."