[Federal Reserve's Goolsbee: Interest rates cannot be set at desired levels without sufficient reserves] Odaily Planet Daily News - Federal Reserve's Goolsbee stated that interest rates cannot be set at desired levels without sufficient reserves. When reserves are adequate, the balance sheet must expand in line with economic growth. Additionally, Federal Reserve's Harker mentioned that an independent central bank yields better outcomes. The lack of data makes interpreting inflation figures more challenging, but some comfort can be drawn from market-based inflation indicators. This is a source of optimism regarding the trajectory of price increases. He expressed being 'very grateful' for the return of government data, noting that there is a wealth of alternative data in the labor market. (Jin10)