Wednesday, 14 February, 2024
FED SPEAK: Chicago’s Goolsbee
FED SPEAK: Chicago’s Goolsbee out saying inflation last mile won’t be hardest and that current policy is “quite restrictive”
Restrictive enough for generational low in (official) unemployment, loosest financial conditions index in around 12months, and GDP annualised 3.3%????
First Fed comment of the day trying to lean back dovish… Going into Q&A session.