Austan Goolsbee Is Worried the Economy Is Overheating

Chicago Fed President Austan Goolsbee joins Odd Lots to discuss his concerns about the US economy overheating. He explains why inflation remains stubbornly above the Fed's 2% target, the puzzling state of the labor market with low churn, and how AI-driven growth is dominating GDP. Goolsbee shares his skepticism of traditional metrics like r*, his support for Kevin Warsh's approach to forward guidance, and the intense uncertainty central bankers face in trying to cool the economy.