Fed's Goolsbee 'a little wary' about cutting interest rates too quickly

This uptick of inflation that we've been seeing coupled with the jobs payroll jobs numbers deteriorating have put the central bank in a bit of a sticky spot where you're getting deterioration of both sides of the mandate at the same time. If the inflation looks like it's going to be transitory, and I say that word with with with some fear, >> then I think the employment side of the mandate would be dominant. But that you see this uptick in inflation and particularly the uptick in services inflation which is ...