Fed’s Goolsbee Plays Down Jump in Inflation Expectations
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Federal Reserve Bank of Chicago President Austan Goolsbee downplayed a report released last week that showed an increase in consumers’ expectations for future inflation.
The figure “wasn’t a great number,” Goolsbee said Sunday in an interview on News Nation. “But it’s only one month of data. You need at least two or three months for that to count.”