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Fed's Goolsbee calls September inflation data discouraging

Original: Fed's Goolsbee says September CPI data was discouraging - Yahoo Finance

Chicago Fed President Austan Goolsbee said September's consumer price index figures were discouraging, adding to concerns that inflation remains stubbornly above the Federal Reserve's 2% target. His comments come as policymakers weigh how quickly to lower interest rates, with markets watching each data release closely for clues about the pace of future cuts.

Why now: Investors and economists are watching Fed officials' reactions to fresh inflation data for hints about the path of interest rate cuts

Austan GoolsbeeFederal ReserveYahoo Finance

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Evidence

• Fed's Goolsbee says September CPI data was discouraging - Yahoo Finance · Fresno Bee
• Fed's Goolsbee says September CPI data was discouraging - Yahoo Finance · Sacramento Bee
• Fed's Goolsbee says September CPI data was discouraging - Yahoo Finance · Reuters

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