Fed's Goolsbee: We're not on the way to 2% inflation and we have to deal with that

What we know so far

investingLive Central Banks (Nov 13, 19:53): Inflation has spread into categories where prices not driven by energyThe jobs market looks stable, if not tightening a bitRates will eventually go well-below todayWe have had signs of trouble for several months in a row nowLately we’re not making any progress and if anything, it’s going the wrong wayInflation is rising and proving far more persistent than expected when…