Fed's Goolsbee: What's happening in long-term rates is more the Treasury's purview

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.



Source link