Fed's Goolsbee says he is optimistic inflation will continue on downward trajectory


Reuters | Washington DC | Updated: 16-05-2024 05:21 IST | Created: 16-05-2024 05:21 IST
Fed's Goolsbee says he is optimistic inflation will continue on downward trajectory
  • Country:
  • United States

Chicago Federal Reserve Bank President Austan Goolsbee said on Wednesday he was optimistic inflation would continue to come down.

"I'm optimistic that we're continuing on this downward trajectory," Goolsbee said in an interview on CNN, after the Labor Department reported that U.S. consumer prices increased less than expected in April.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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