Fed's Goolsbee: The Fed timetable is not the market timetable

  • Comments from the Chicago Fed President
Chicago Fed President Austin Goolsbee
Chicago Fed President Austin Goolsbee

Goolsbee previously spoke Tuesday and said that tariff rates were much higher than the Fed modelled.

  • Our goal is to find the through-line, not jump to conclusions
  • The hard data on the economy looks pretty good
  • Current tariffs are huge
  • Keeping inflation expectations stable is critical for the Fed

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