Fed's Goolsbee: Need to wait until anxiety recedes to feel comfortable about outlook
Chicago Federal Reserve
Bank President
Austan Goolsbee
said, adding that he is hearing a lot of anxiety from business contacts about coming
inflation
that is not yet obvious in the data.
"I've got to wait until that noise kind of dies down, that anxiety dies down, before I'm gonna be comfortable that we are back on the old golden path, as I called it, to a stable
soft landing
," Goolsbee said in a "
Moody's Talks
: Inside Economics" podcast taped on Thursday and released on Friday. "If we, every six weeks, have to revisit whether we're about to have some big
supply shock
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