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Fed’s Goolsbee Praises Jobs Report, Warns It’s Just 1 Month
Fed's Goolsbee says jobs report 'superb,' still sees rate cuts ahead
Chicago Federal Reserve Bank President Austan Goolsbee on Friday called the latest job market report "superb" and said more such reports would boost his confidence the U.S. economy is at full employment,
Fed’s Goolsbee Praises Jobs Report, Warns It’s Just One Month
Federal Reserve Bank of Chicago President Austan Goolsbee lauded the strong September jobs report but warned of putting too much stock in one month’s data, adding that there are risks that inflation might undershoot the central bank’s 2% target.
Goolsbee still sees more rate cuts after 'superb' jobs report
The September jobs report was much better than expected. The US added 254,000 jobs in the month and the unemployment rate ticked lower to 4.1%. Expectations had been that 150,00 jobs would be added and the unemployment rate would be 4.
The US Could See Shortages and Higher Retail Prices
Fed's Goolsbee says dockworkers' strike could lead to higher prices
Chicago Federal Reserve President Austan Goolsbee on Thursday said retailers and manufacturers had stockpiled about two weeks worth of items in anticipation of the U.S. dockworkers' strike, but the resulting supply-chain disruptions could lead to higher prices if the labor dispute persists.
The US Could See Shortages and Higher Retail Prices if a Dockworkers Strike Drags On
U.S. ports from Maine to Texas shut down this week when the union representing about 45,000 dockworkers went on strike for the first time since 1977. Workers began walking picket lines early Tuesday near ports all along the East and Gulf coasts.
Lengthy Dockworker Strike Could Lead to Price Hikes
Though controlled for now, an extended dockworker strike could affect retail costs. Chicago Federal Reserve President Austan Goolsbee said retailers and manufacturers had stockpiled about two weeks worth of items in anticipation of the U.
WBEZ
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Chicago Fed president Austan Goolsbee on port strike, interest rates, housing
Austan Goolsbee discusses what the ongoing port strike and the Fed’s recent rate cut will mean for the economy and consumers.
11h
Could inflation actually undershoot the Fed's 2% target? Maybe, but not by much, Hatzius says
Chicago Fed President Austan Goolsbee on Friday became the second top central banker to talk about the possibility that inflation might fall below the central bank's 2% target. "If you look at ...
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Austan Goolsbee 'worried' over looming port strike
Chicago Federal Reserve Bank President Austan Goolsbee discusses the impact of the looming port strike on the economy and the ...
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Goolsbee, de la Fed, reitera que las tasas deben bajar “mucho” durante el próximo año
El presidente del Banco de la Reserva Federal de Chicago, Austan Goolsbee, reiteró que las tasas de interés deben bajar ...
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