In an interview with The Wall Street Journal, Chicago Fed President Austan Goolsbee emphasized the necessity for Fed to closely monitor long-term bond yields. “A sustained rise in long-term rates can have a very substantial effect on real economic performance,” he warned. In the ongoing debate on the future of interest rates, Goolsbee stated, “It’s […]
The post Fed’s Goolsbee cautions on long-term yield impact appeared first on Action Forex.