goolsbee

Federal Reserve's Goolsbee stated that if inflation does not fall back to the 2% target level, interest rates will need to be raised.He is open to the possibility of inflation starting to decline and is willing to accept that the current inflation issue stems from supply shocks that are about to fade, but he hopes to see evidence that this shock is indeed fading.

According to Jinshi reports, Federal Reserve's Goolsbee stated that the current job market remains stable, but cannot be described as good.

According to Jinshi reports, Federal Reserve's Goolsbee stated that if the rise in core CPI is driven by the service sector, it would concern me more than if it were driven by goods or oil-related items.

According to Jinshi reports, Federal Reserve's Goolsbee stated that there are some hopeful signs of inflation in the service industry.

According to Jinshi reports, Federal Reserve's Goolsbee stated that the task regarding inflation is clearly the issue.

According to Jinshi, Federal Reserve's Goolsbee stated that Federal Reserve Chairman Waller's approach is to reduce speculation on interest rates and decrease forward guidance, and he expressed considerable agreement with this approach.

According to Jinshi reports, Federal Reserve's Goolsbee stated that the market remains stable, but the inflation level is far above the target, and the trend is unfavorable.

According to Jinshi reports, Federal Reserve's Goolsbee stated that we have not yet experienced stagflation shocks, and the labor market has remained stable.

According to Jinshi reports, Federal Reserve's Goolsbee stated that evidence is needed to prove that this inflation is temporary, while also pointing out that inflation in the service sector is slightly concerning.

According to Jinshi reports, Federal Reserve's Goolsbee stated that there is currently a quite serious inflation problem, but the job market remains stable.

According to Jinshi reports, Federal Reserve's Goolsbee stated that if interest rates are cut too much, it will further trigger inflation.

According to Jinshi reports, Federal Reserve official Goolsbee stated that under the current economic situation, the Federal Reserve is facing excessive inflationary pressure.

According to Jinshi reports, Federal Reserve's Goolsbee stated that the job market is basically stable and inflation is rising.

According to Jinshi reports, Federal Reserve's Goolsbee stated that he is optimistic about a significant decrease in interest rates, but progress needs to be made on inflation.

According to Jinshi reports, Federal Reserve's Goolsbee stated that the rise in service sector inflation is concerning.

According to Jinshi reports, Federal Reserve's Goolsbee stated that without the independence of the central bank, inflation will return.

According to Jinshi reports, Federal Reserve's Goolsbee stated that the worst part of the April Consumer Price Index is the inflation in the service industry.

According to Jinshi reports, Federal Reserve official Goolsbee stated that there is an inflation problem in our country.

According to Jinshi News, Chicago Fed President Goolsbee stated that all interest rate options are on the table, and it is not just about cutting rates. At the end of April, the Federal Reserve kept interest rates unchanged, and three officials opposed the wording in the statement that suggested a possible rate cut next, arguing that the possibility of a rate hike should be retained. Goolsbee's remarks reflect a shift among Federal Reserve policymakers, mainly due to the inflationary pressures caused by the energy price shock resulting from the Iran war. He reiterated that both rate cuts and hikes are being considered and expressed concern about inflation, believing that there are price pressures beyond the energy shock.

According to Jinshi reports, Federal Reserve's Goolsbee stated that the Federal Reserve's balance sheet can be reduced, but it is not yet clear whether it must be reduced.