Chicago Fed President Austan Goolsbee said a soft landing is still on the table as the Fed seeks to combat inflation without hurting the economy significantly.
"Because of some of the strangeness of this moment, there is the possibility of the golden path ... that we got inflation down without a recession," Chicago Fed President Goolsbee said on CNBC's"Squawk Box."
Chicago Federal Reserve President Austan Goolsbee said Tuesday a soft landing is still on the table as the central bank seeks to combat inflation without hurting the economy significantly. "The fastest drop in the inflation rate in any year was 1982," Goolsbee said."We'll see what happens over the next couple of months. We might equal the fastest dropping inflation in the last century. So we're making progress on the inflation rate."Goolsbee stressed that accomplishing such a"golden path" against a historic surge in inflation won't be an easy task.
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