Goolsbee Says It’s Critical Fed Keeps Eye on Cooling Job Market

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 36 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 63%

Austan Goolsbee أخبار

Bloomberg,Bloomberg TV,Jackson Hole

(Bloomberg) -- Federal Reserve Bank of Chicago President Austan Goolsbee said it’s time to pay more attention to the employment side of the central bank’s...

-- Federal Reserve Bank of Chicago President Austan Goolsbee said it’s time to pay more attention to the employment side of the central bank’s dual mandate now that inflation is cooling toward the 2% target.“We want to be careful, as Chair Powell said, about the employment side of the mandate, too,” Goolsbee said Friday in an interview on CNBC. “We’re not just fighting inflation now, inflation’s on a path to 2%.

“The SEPs over the last year have made pretty clear that almost everyone on the committee thinks that conditions will show inflation coming down, the unemployment rate going up gradually and settling in, and that there would be multiple cuts over calendar ‘24 and calendar ‘25,” Goolsbee said, referring to the Summary of Economic Projections.

It’s said that a church can only be considered a “megachurch” when it easily and regularly commands a congregation of more than 2,000 worshippers.Satellite imagery captured over 2.5 hours on Thursday morning, August 22, shows Tropical Storm Hone swirling southeast of Hawaii, where strong winds and flooding rain were expected over the weekend.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 47. in SA
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Fed responds to economic data, not politics or stocks, says Chicago Fed's GoolsbeeChicago Federal Reserve Bank President Austan Goolsbee on Thursday reiterated that the central bank's job is not to respond to stock market routs or...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Fed responds to economic data, not politics or stocks, says Chicago Fed's GoolsbeeThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
مصدر: KitcoNewsNOW - 🏆 13. / 78 اقرأ أكثر »