February 07, 2025 at 03:43PM
Goolsbee has been relentlessly hitting the news circuit lately.
I think it will take longer than year-end to get to neutral level
As inflation comes down we can commensurately cut the policy rate
We will feel our way down to neutral
Over the next 12-18 months, the policy rate will be ‘a fair bit below’ current levels.
He’s said all this before.
This guy talks more that former St Louis Fed President Bullard.
This article was written by Adam Button at www.forexlive.com.
Fed’s Goolsbee: What’s happening in long-term rates is more the Treasury’s purview
