Fed's Goolsbee: Any rate cut would be 'far out in the future'

<ul><li>Markets fully expected Fed will bring inflation down</li><li>JOLTS data looks consistent with strong labor market moving to a more balanced phase</li><li>FOMC d ecisions are 'close calls' for him as Fed tries to manage transition</li><li>Need to see sustained, steady progress on inflation. I'm 'closet optimistic'</li></ul><p>I don't know if he's so much 'closet optimistic' as much as 'flaming optimistic' with his <a href="https://www.forexlive.com/centralbank/feds-goolsbee-last-six-months-have-shown-we-can-bring-down-inflation-without-jobs-lost-20230731/" target="_blank" rel="follow">comments </a>and victory lap yesterday. </p>

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