Fed Officials Signal Modest Rate Cuts Ahead As Inflation Cools and Focus Turns to Jobs
- Goolsbee does not rule out a March rate cut by the Fed
- Expects rates to be lower in a year, but not by much
- Fed may need to focus more on jobs mandate as inflation cools
- Bostic sees only two 25 basis point rate cuts through 2024, starting in Q3
- Dollar index ticked higher on reactions to Fed official comments