Fed's Goolsbee: Rate Hike or Pause Both Remain Open Options
Latest Updates
Fed's Goolsbee Open to Evidence of Return to 2% Inflation
Fed official Goolsbee signaled openness to adjusting policy if inflation data shows progress toward the 2% target. Current PCE sits at 3.7%, well above goal. Soft jobs data and resilient manufacturing demand set conflicting signals; traders watch whether Fed shifts rate-cut expectations if inflation evidence emerges.
https://x.com/financialjuice/status/2106067805892432097Fed's Goolsbee: Labor Market Steady, Inflation Focus Paramount
Fed official Goolsbee signals labor market is not the constraint on policy, emphasizing inflation control as the priority given PCE remains well above the 2% target. The remark narrows Fed focus to disinflation progress, with wage pressures less immediately urgent. USD traders should monitor whether officials increasingly downplay labor strength to justify holding or pausing rate cuts.
https://x.com/financialjuice/status/2106067590078705665Fed's Goolsbee: Services Inflation Stalling Signals Spread Risk
Fed Governor Goolsbee warns that lack of progress on services inflation may indicate disinflation spreading unevenly across sectors. Markets monitoring whether PCE momentum is genuinely slowing post-jobs miss; USD direction hinges on inflation narrative's credibility for Fed rate path.
https://x.com/financialjuice/status/2106098997358161992Fed's Goolsbee: US Inflation Going Wrong Way, Stalled
Chicago Fed President Goolsbee warned inflation is moving in the wrong direction and has stalled, signalling concern over disinflation momentum after September jobs miss and rising manufacturing prices. USD reaction hinges on whether this shifts Fed rate-cut expectations; PCE trajectory remains the central bank's inflation anchor.
https://x.com/financialjuice/status/2106098650833105159New to MyTradingLand?
Sign up now to get your own personalized timeline!
Join CommunityAlready have an account? Log in