Forex
globalreutersAugust 14, 20241 Mins read
Fed’s Goolsbee: Rising unemployment may indicate worsening job market
globalreutersAugust 14, 20241 Mins read Federal Reserve Bank of Chicago President Austan Goolsbee said on Wednesday that he becomes more worried about the labor market than inflation, citing recent progress on price pressures and weak jobs data, per Bloomberg Key quotes It’s important that we not assume that if the labor market were to deteriorate past normal, that we could react and fix that, once it’s already broken.
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