June 21 (Reuters) - Chicago Federal Reserve Bank
President Austan Goolsbee on Wednesday said last week s decision
to hold interest rates steady was a close call for him, but he
does expect data in the next couple months to deliver more
clar.
Fed is taking wait and see approach, Goolsbee says streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
June 21 (Reuters) - Chicago Federal Reserve Bank
President Austan Goolsbee said on Wednesday that the U.S.
central bank needs more clarity on inflation and the labor
market s trajectory before deciding on its n.
Fed is taking wait and see approach, Goolsbee says streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Chicago Federal Reserve Bank President Austan Goolsbee said on Wednesday that the U.S. central bank needs more clarity on inflation and the labor market's trajectory before deciding on its next step. "I feel like the Fed's framework is, 'wait and see,'" Goolsbee told the WSJ Global Food Forum in Chicago. Goolsbee joined other Fed policymakers last week in a unanimous vote to leave interest rates at their current 5.00%-5.25% range, a decision which he said felt like a close call to him personally.