Fed's Goolsbee Says He's Undecided About June Decision

The transcript discusses concerns about the economy following significant rate increases and the potential for further rate hikes. It highlights the importance of not committing to decisions too early, considering financial stresses, and aiming to control inflation without causing a recession. The speaker reflects on past meetings, noting the impact of bank stresses and the need to incorporate new data into decision-making. The goal is to achieve economic stability while monitoring key indicators like job vacancies and retail sales.

What was the speaker's sentiment regarding the decision-making process in the last meeting?

What observations were made about retail sales and inflation in the recent data?