Fed's Goolsbee: The foremost thing on my mind ahead of May meeting is credit

  • Comments from the Fed's Goolsbee in the moderated Q&A
Fed Goolsbee QA April 11
  • Says questions in his mind are around credit and credit availability
  • Highlights that he's worried about commercial real estate
  • Jobs market has been unbelievably strong
  • We've put up epic jobs numbers...it feels like the jobs market is cooling a bit
  • Says he's been surprised that manufacturers haven't expressed worries about weakness yet, says that may be partly due to auto strength

It's striking how Goolsbee speaks so much more candidly than other FOMC officials.

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