Fed’s Goolsbee Calls Latest CPI Report “Borderline Disturbing”
Chicago Fed President Austan Goolsbee said services inflation remains too high and is probably not mostly driven by oil prices or transitory factors.
Chicago Fed President Austan Goolsbee called the latest CPI report distressing and "borderline disturbing" in an interview with PBS NewsHour. Goolsbee reiterated his previous concerns: services inflation remains too high, which is probably not mostly driven by oil prices, or transitory factors. "Wh…