RSS Fed's Goolsbee: I still see continued progress on inflation

[Crax Bot]

Chicago Fed Pres. Goolsby is speaking and says:

• I still see continued progress on inflation
• For the last six months PCE inflation has run close to 2% target.
• Optimistic four 2025 on a soft landing.
• A lot of uncertainties remain.
• Uptick in business confidence, uncertainty, since the election.
• CPI report is somewhat encouraging, somewhat discouraging, in equal measure.
• If Congress and president be drafting policies that will raise prices, Fed has to think about that.
• What matters is impact of policies as a whole
• Cannot look at the impact of tax Without also looking at government spending side.

This article was written by Greg Michalowski at www.forexlive.com.

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