Fed's Goolsbee: What's happening in long-term rates is more the Treasury's purview

  • More comments from the Chicago Fed President
Goolsbee April 4 2024
Goolsbee

Goolsbee has been relentlessly hitting the news circuit lately.

  • I think it will take longer than year-end to get to neutral level
  • As inflation comes down we can commensurately cut the policy rate
  • We will feel our way down to neutral
  • Over the next 12-18 months, the policy rate will be 'a fair bit below' current levels.

He's said all this before.

This guy talks more that former St Louis Fed President Bullard.

Full bullard

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