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Recently, Fed official Goolsbee expressed his views on the current economic situation. He stated that the latest data on employment growth slowdown should not be overinterpreted, and more attention should be paid to key indicators such as the unemployment rate. It is worth noting that the current unemployment rate in the United States remains at a historical low of 4.2%.
Goolsbee also discussed the potential impact of tariffs on inflation. He believes that more data is needed to accurately assess this impact. To this end, he will closely follow the upcoming wholesale price index and other broader inflation data. This data will serve as an important basis for determining whether it is necessary to lower interest rates.
This statement reflects the Fed's cautious attitude in formulating monetary policy. Although employment growth has slowed, the unemployment rate remains low, indicating that the labor market is still robust. At the same time, the direction of inflation data will be a key factor in future policy adjustments.
As the uncertainty of the global economic situation increases, the decisions of the Fed will have a significant impact on the financial markets. Investors and economists will continue to closely follow the remarks of Fed officials, as well as the upcoming economic data releases, to anticipate the future direction of monetary policy.