
Fed's Goolsbee calls for better economic projections and central bank independence
- —Goolsbee wants the quarterly SEP revamped, citing inconsistent assumptions across FOMC participants
- —US inflation was 3.7% in July 2026, nearly double the Fed's 2% target
- —The Fed raised its policy rate by 25 basis points in mid-September
- —Goolsbee flagged sticky services inflation and AI-driven capex as key risks
Why it matters: The push for tighter-for-longer policy with inflation at 3.7% weighs on risk assets, including bitcoin.
Source: Crypto Briefing