Fed's Goolsbee: Inflation is coming down exactly as we want

<ul><li>We are on track to 2% inflation</li><li>Housing inflation is what I'm watching, if it comes down to 2%, then we will be on the right path</li><li>Labor market is very strong</li><li>If shocks come, we'll figure it out</li><li>Asked about what he sees as the biggest risk to the US economy in the coming year, says a 'meltdown' in China</li></ul><p>Goolsbee sounds like it won't be long before he starts pushing for rate cuts.</p>

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