More from Goolsbee: October CPI report 'looked pretty good'

<p>The market is certainly saying that it looked good.</p><ul><li>Labor force participation has come back more than we would have expected</li><li>Commercial real estate remains an area of concern</li><li>There are a lot of real pessimistic people that are spending a lot of money, that's a puzzle</li><li>Consumer sentiment data relationship to spending is 'utterly broken'</li><li>Inflation is a very real pain</li></ul><p>I've been saying for years that consumer sentiment data is broken.</p>

This article was written by Adam Button at www.forexlive.com.