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Austan Goolsbee Talks Fed Policy, Inflation Data

Austan Goolsbee Talks Fed Policy, Inflation Data

FromBloomberg Talks


Austan Goolsbee Talks Fed Policy, Inflation Data

FromBloomberg Talks

ratings:
Length:
9 minutes
Released:
Jul 2, 2024
Format:
Podcast episode

Description

Federal Reserve Bank of Chicago President Austan Goolsbee said policymakers should cut interest rates if US inflation continues to fall back to the 2% target.The Chicago Fed chief, speaking Tuesday on Bloomberg TV in Sintra, Portugal, said he feels “we are on a path to 2%” inflation and “if you just hold the rates where they are while inflation comes down, you are tightening — so you should do that by decision, not by default.”See omnystudio.com/listener for privacy information.
Released:
Jul 2, 2024
Format:
Podcast episode

Titles in the series (100)

Bloomberg Talks curates top interviews from around Bloomberg News. Hear conversations with the biggest names in finance, politics and entertainment. On Bloomberg Talks, we round up interviews with Fortune 500 CEOs, government officials, well-known investors and business leaders.