Fed's Goolsbee: Wants More Evidence of Cooling Inflation, Employment and Growth Stable

Chicago Fed President Goolsbee said the past three months of inflation data have "encouraged" him, but several more consecutive months of similar performance are needed to confirm inflation is back on track toward 2%. He listed inflation as the primary concern at present, stating that the U.S. economy is currently "broadly stable" in terms of growth and the labor market.