Fed’s Goolsbee Focuses on Unemployment Rate, Warns Against Overinterpreting Jobs Data
According to ChainCatcher, citing Jinshi News, Federal Reserve official Goolsbee stated that the current slowdown in job growth should not be overinterpreted, emphasizing that he places greater importance on data such as the unemployment rate. At present, the U.S. unemployment rate stands at 4.2%, which is historically low. Goolsbee pointed out that more data is needed to confirm the impact of tariffs on inflation, and mentioned that he will pay close attention to the upcoming wholesale price and broader inflation data to determine whether an interest rate cut is necessary.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If ETH falls below $2,882, the total long liquidation volume on major CEXs will reach $962 millions.
Musk: Grok is open-source software, anyone can use it for free
150 BTC transferred from an anonymous address to an exchange
