FED'S GOOLSBEE: THE LONGER OIL PRICES REMAIN HIGH, THE GREATER THE CHANCE PEOPLE START FACTORING HIGHER INFLATION INTO EXPECTATIONS, WHICH WOULD BE 'EXTREMELY PROBLEMATIC' FOR THE CENTRAL BANK

2026-05-07

FED'S GOOLSBEE: THE LONGER OIL PRICES REMAIN HIGH, THE GREATER THE CHANCE PEOPLE START FACTORING HIGHER INFLATION INTO EXPECTATIONS, WHICH WOULD BE 'EXTREMELY PROBLEMATIC' FOR THE CENTRAL BANK