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Fed's Goolsbee: The Fed's Beige Book is relatively pessimistic, suggesting that there are warning signs in the economy

2024-09-06 15:34
Odaily News Fed's Goolsbee said that today's employment data is a continuation of what we have been observing. The job market is slowing down. The inflation data every month is lower than expected. The policy has just been tightened, which raises some serious questions for this meeting and the next few months. We must ensure that the labor market does not deteriorate. The content of the Fed's Beige Book is relatively pessimistic, suggesting that there are warning signs in the economy. (Jinshi)