More Goolsbee:There are some measures in the economy, that historically don't portend well
There are some measures in the economy that historically don't pretend well including rise in delinquenciesLevel of delinquencies however doesn't look that different to pre-CovidI believe banks have adequate capitalWe don't want to be late on policy, we are forward-looking.There is nothing about elections or the stock market in the Fed's mandate This article was written by Greg Michalowski at www.forexlive.com.
- There are some measures in the economy that historically don't pretend well including rise in delinquencies
- Level of delinquencies however doesn't look that different to pre-Covid
- I believe banks have adequate capital
- We don't want to be late on policy, we are forward-looking.
- There is nothing about elections or the stock market in the Fed's mandate
