Chicago Fed President Austan Goolsbee expressed growing concern over persistent US inflation but stopped short of endorsing an immediate rate hike, arguing that more evidence is needed to determine whether further tightening is necessary. Speaking in an interview with Yahoo Finance, Goolsbee described September’s CPI report as “discouraging,” adding that “last month was also discouraging.” […]The post Fed’s Goolsbee Says Inflation Is Unacceptable. Why Isn’t He Ready to Hike? appeared first on ActionForex.