Fed's Goolsbee: If we got multiple CPI prints like this then our job is clearly not done

  • Goolsbee spoke to the NYT
Fed's Goolsbee
Fed's Goolsbee

Goolsbee spoke with the NYT and was asked about today's CPI report and said if they got "multiple months" of CPI like the one today then their job is clearly not done.

He also said the latest inflation reading is 'sobering'.

How many would it take for a hawkish pivot?

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