- It make sense for the Fed to slow the pace of interest rate cuts as central bank gets close to where rates will settle
- Over the next year, it feels like rates will end up a fair bit lower than where they are today
- Inflation is on its way down to 2%. Labor market is close to stable full employment
Goolsbee is more of a dove so his tilt is a little more cautious.
Fed’s Bowman late yesterday was more hawkish in her comments.
This article was written by Greg Michalowski at www.forexlive.com.
