Fed's Goolsbee: Inflation Remains Excessively High

Austan D. Goolsbee, President of the Chicago Fed, stated that the United States is currently facing excessively high inflation. According to Jin10, Goolsbee emphasized the challenges posed by the current inflationary environment. He noted that addressing inflation is a priority for the Federal Reserve as it continues to impact the economy. Goolsbee's comments highlight the ongoing concerns about inflation levels and the Federal Reserve's commitment to managing economic stability.