Fed’s Goolsbee: Don't think Fed independence is going away
Austan Goolsbee, President of the Federal Reserve (Fed) Bank of Chicago, said that without central bank independence, inflation will come roaring back at the Greater Rockford Chamber of Commerce in Rockford, Illinois on Tuesday.
The emphasis on Fed independence may strengthen the dollar as it reassures investors about the Fed's commitment to controlling inflation. This could lead to a bullish sentiment in forex markets, particularly for USD-related pairs.
Austan Goolsbee, President of the Federal Reserve (Fed) Bank of Chicago, said that without central bank independence, inflation will come roaring back at the Greater Rockford Chamber of Commerce in Rockford, Illinois on Tuesday.
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