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Fed's Goolsbee: Need to be a bit careful about getting aggressive
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FXStreet Forex & Commodities News
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said on Tuesday that there is low-hiring and low lay-off in the labor market, per Reuters.
"We need to be a bit careful about getting aggressive."
"I think rates can come down some if we're on a path to getting inflation back to target."
Market reactionThese comments received a hawkish score of 6.2 from FXStreet Fed Speech Tracker.
Nevertheless, FXStreet Fed Sentiment Index remains in the dovish territory below 100 after Goolsbee's remarks.
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