FedIMPORTANT

Fed's Goolbee (2027 voter) says it's a discouraging month regarding inflation and still feel some optimism if drivers of inflation can go away in short order, if inflation is from overheating demand from AI, that's more disturbing and have to address it

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Goolbee called the month discouraging on inflation, while retaining conditional optimism; he said inflation from AI-related overheating demand would be more disturbing and require addressing.

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