Goolsbee: Fed Can Return to 2% Inflation Path Absent More Overheating Evidence

Goolsbee's framing matters less for what it promises than for what it leaves open: the Fed itself is still disentangling supply shocks from demand, which means the inflation debate is unresolved rather than settled. For crypto and RWA markets, the practical takeaway is that policy uncertainty persists without a clear rate path or timing, so macro data on overheating — not Fed commentary — remains the variable that moves expectations. Whether the supply-versus-demand split becomes clearer is the open question.