- Analytics
- News and Tools
- Market News
- Fed’s Goolsbee: Inflation's greatest threat comes from housing price pressures
Fed’s Goolsbee: Inflation's greatest threat comes from housing price pressures
The continuance of outsized price rises in the housing services industry is the most significant hurdle to the Federal Reserve reducing inflation to its 2% target rate, Chicago Federal Reserve Bank President Austan Goolsbee said on Thursday.
Further Quotes
“If housing inflation does not come down, would be very difficult to return inflation to 2%.”
“I had been expecting it to come down more quickly than it has.”
“Housing inflation my most valuable indicator for immediate future.”
“Inflation in core services ex housing has come down more than expected.”
“Last two months of inflation data a bump; can't write it off as purely noise.”
“Risks to inflation and employment mandates have moved into better balance.”
“If we stay restrictive for too long, we will likely see employment begin to deteriorate.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
