Austin Goolsbee
- Small business defaults are up, now it's getting a little cautionary
- Unemployment is up and that's a caution sign
- IF we move to less restrictiveness, it will ease some of these credit conditions
- Credit conditions seem tight
I don't think it will surprise anyone when Goolsbee is banging the table for a rate cut and dovish statement in September but it's certainly not clear that others are ready to line up behind him yet.
