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Fed's Goolsbee: Recent inflation data was excellent, hopes to see more

2024-06-21FXStreetFXStreet
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Tuesday that recent inflation figures have been very positive, and Fed officials hope to see further easing in the future.

Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Tuesday that recent inflation figures have been very positive, and Fed officials hope to see further easing in the future.

Key highlights

Inflation number that came out during last week's meeting was "excellent".

Hopefully we'll see more data like that.

We will get to 2% inflation.

There is still a little bit of "juice" left after last year's rapid inflation decline.

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