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Chicago Federal Reserve President Goolsbee said inflation remains too high and declined to offer any guidance on where he believes interest rates are headed, speaking in a live CNBC interview from his home district.
The policymaker also offered a brief assessment of Warsh, calling him "a serious guy." Rate Path: No Forward Guidance Goolsbee declined to speculate on the direction of interest rates during the interview.
The choice to withhold any signal leaves markets without a clear read from the Chicago Fed on the pace or scope of potential policy adjustments. Goolsbee offered no indication of his preferred path.
Inflation Still a Concern The Chicago Fed president's characterization of inflation as too high was stated plainly, with no data points, targets, or timelines attached in the interview summary.
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