Fed’s Goolsbee Says He Hopes Dangerous Inflation Data Was a Blip

Federal Reserve Bank of Chicago President Austan Goolsbee said while some recent inflation readings have come in better than expected, he hopes one “dangerous” data point is just a blip.

“We’ve had some inflation reports that came in milder than we expected, and I was feeling good,” Goolsbee said Thursday in an interview with Bloomberg Television on the sidelines of the Fed’s annual conference in Jackson Hole, Wyoming.