Fed Official Sees Path to Lower Inflation While Maintaining Jobs Growth
- Fed's Goolsbee says policy is "restrictive" and more disinflation likely ahead
- Supply chain repairs and higher labor supply in 2022 set stage for lower inflation
- Sees scope for "golden path" of falling inflation but still strong jobs and growth
- Disagrees that positive supply developments have run course, more to come
- "Puzzle" why housing inflation not falling faster given rental declines
