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Chicago Fed President Optimistic on Soft Landing by 2025

1/16/2025

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Summary

Story summary

Chicago Fed President Goolsby notes PCE inflation has remained close to the 2% target for six months.
He is optimistic about achieving a soft landing in 2025, despite existing uncertainties.
Goolsby highlights the need to assess government policies' overall impact on inflation.
He adopts a dovish stance while maintaining a cautious approach in his remarks.

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Story summary

Chicago Fed President Goolsby notes PCE inflation has remained close to the 2% target for six months.
He is optimistic about achieving a soft landing in 2025, despite existing uncertainties.
Goolsby highlights the need to assess government policies' overall impact on inflation.
He adopts a dovish stance while maintaining a cautious approach in his remarks.