Fed’s Goolsbee Says Upcoming Policy Meetings Will Be ‘Live’

Federal Reserve Bank of Chicago President Austan Goolsbee said the central bank’s meetings this fall will be “live” as he and his colleagues try to interpret mixed economic data and how best to adjust interest rates in response.

“As we go into the fall, these are going to be some live meetings and we’re going to have to figure it out,” Goolsbee said Wednesday at an event in Springfield, Illinois, referencing a word often used to describe a Fed meeting where it’s unknown beforehand how policymakers will vote.