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Fed's Goolsbee Cites Inflation Challenges Despite Stable Jobs

Fed’s Goolsbee Cites Inflation Challenges Despite Stable Jobs

Chicago Federal Reserve President Austan Goolsbee said inflation challenges remain a concern for policymakers after recent economic data suggested price pressures are not easing as expected, even while labor market conditions continue to show stability. Speaking on June 22, Goolsbee stated that inflation is moving in the wrong direction, signaling

Fed's Goolsbee Cites Inflation Challenges Despite Stable Jobs

Fed’s Goolsbee Cites Inflation Challenges Despite Stable Jobs

Chicago Federal Reserve President Austan Goolsbee said inflation challenges remain a concern for policymakers after recent economic data suggested price pressures are not easing as expected, even while labor market conditions continue to show stability. Speaking on June 22, Goolsbee stated that inflation is moving in the wrong direction, signaling

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U.S. Adds 115,000 Jobs as Unemployment Holds

U.S. Adds 115,000 Jobs as Unemployment Holds

U.S. labor market data released showed employers continued hiring during April, with payroll growth exceeding economist expectations while the national unemployment rate remained unchanged at