Fed's Goolsbee: Inflation is coming down precisely as we would like

• We’re on observe to 2% inflation
• Housing inflation is what I am watching, if it comes right down to 2%, then we will likely be on the correct path
• Labor market may be very robust
• If shocks come, we’ll determine it out

Goolsbee sounds prefer it will not be lengthy earlier than he begins pushing for price cuts.

This text was written by Adam Button at www.forexlive.com.