Goolsbee Says Consumer Sentiment Is Less Key to Fed Rate Decisions
Chicago Fed President Austan Goolsbee said consumer sentiment readings are broadly important but not directly applicable to the Federal Reserve's job.
Readings of consumer sentiment are broadly important, just not directly applicable to the Federal Reserve's job, Chicago Fed President Austan Goolsbee says during a Q&A at a Chicago event. Consumer sentiment has long been a leading indicator for consumer spending, but those two data sets have broke…