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。
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 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."
Austan Goolsbee, president of the Federal Reserve Bank of Chicago, said continued, large-scale tariff increases could cause supply chain disruptions again and drive up inflation. In his prepared remarks for the event in Detroit, Goolsbee warned against assuming that tariffs do not cause inflation. He listed several lessons from the epidemic, among which supply-side disruptions, including supply chains, are the most important driver of inflation and cause the COVID-19 pandemic to hit and hit duri...
Federal Reserve Goolsbee: Theoretically, a one-time tariff increase is short-lived and may not require a policy response.
On January 31st, according to a Bloomberg reporter, Federal Reserve official Goolsbee said when asked about bitcoin reserves that the Federal Reserve has legal restrictions on the assets it can hold on its balance sheet.
Federal Reserve Goolsby: Still shouldn't focus too much on individual jobs reports.