New Chicago Fed President Austin Goolsbee is speaking.
Still wary of more possible bank failures by the sound of it:
- Still waiting to see whether there are other credit shoes to drop
- My message is, be prudent, be patient
- the things to watch over the next 2 weeks until the Fed's next meeting are prices and credit
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The Federal Open Market Committee (FOMC) next meets May 2 and 3. Until then make like Chuck I guess.
