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Chicago Fed President Goolsbee says if economy deteriorates, Fed will 'fix it'

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Summary
Nutrition label

74% Informative

Austan Goolsbee said the Fed would react to signs of weakness in the economy.

He said it doesn't make sense to keep a "restrictive" policy stance if the economy is weakening.

"We're forward-looking about it. So if the conditions collectively start coming in like that on the through line, there's deterioration on any of those parts, we're going to fix it".

VR Score

84

Informative language

90

Neutral language

44

Article tone

semi-formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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