Quartz·1 min read·medium

Chicago Fed's Goolsbee says inflation, not jobs, is the Fed's biggest problem right now

Cris Tolomia
AI Summary

Chicago Fed policymaker Austan Goolsbee stated that inflation remains the primary concern for the central bank. He described the current labor market as stable but lacking significant strength.

The Fed policymaker said prices rising too fast is the central bank's primary concern, while calling the labor market "stable, without being good"

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