Chicago Fed President Austin Goolsbee
Goolsbee is participating in a panel.
- There is still a little bit of 'juice' left in last year's rapid inflation decline
- External shocks have derailed soft landings in the past
- Can't help but be optimistic if you look at the long view
- The 'vibes' used to be good indicator of spending but no longer so we put less weight on them now
More to come