Forex

Fed's Goolsbee: Servies inflation is not tame


2026-02-17 14:04:00

  • Wants some evididence that inflation is headed back to 2%
  • Considers a 3% policy rate a ‘loose’ estimate of neutral
  • There are potentially ‘several’ more rate cuts if progress on inflation resumes
  • Goods with higher tariffed content have tended to see larger price increases
  • Recent headline inflation was partly pulled down due to base effects

That’s on the hawkish side.

This article was written by Adam Button at investinglive.com.

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