Fed’s Goolsbee; Inflation has got to be front of mind when Warsh starts as chair
- We have too high inflation.
- Inflation has got to be front of mine when Warsh starts as chair
- The job market is stable.
- If cut rates too much, you ignite inflation more.
Comments are congruent with his comments from late last week. Fed officials cannot exhort inflation ignore. The markets are pricing in a 50% chance of a rate hike by the end of the year.
This article was written by Greg Michalowski at investinglive.com.