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*Walter Bloomberg
@DeItaone
Joined August 2014
40 Following    1.9M Followers
FED’S GOOLSBEE: RATE CUTS POSSIBLE IF INFLATION HEADS TO 2% Fed’s Goolsbee remains optimistic inflation can return to the 2% target, provided demand does not overheat. He says the Fed currently has an inflation problem, not an employment problem, and wants convincing evidence that price pressures are fading. If inflation is clearly heading back toward 2%, Goolsbee says he would have “no problem” with interest rates coming down.
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