Fed's Goolsbee: Inflation seems to have stalled

  • Comments from the Chicago Fed President
Austan Goolsbee
  • We've set a 2% target and at 3%, inflation is too high
  • We made a sacred promise of 2% inflation
  • A little uneasy on inflation
  • Longer-term, I believe rates can come down 'a full amount'
  • Employment near full employment

Goolsbee will have a vote again in 2027.

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