Fed's Goolsbee: 5-1/2 years above inflation target is "playing with fire", need to revisit looking through supply shocks

Chicago Fed President Austan Goolsbee said the fact the US has been above its inflation target for 5-1/2 years is "playing with fire", and that the logic of looking through supply shocks needs to be revisited. He made the remarks in London last week and was scheduled to speak again on Tuesday.

Detected & updated continuously · Source: Nebula