Chicago Fed President Austan Goolsbee said recent jobs data indicated a steady US labour market, while persistent inflation remains the bigger policy concern. He said the Fed’s options remain open and policymakers need stronger evidence that inflation is moving sustainably toward the 2% target before deciding rates.
Read more at The Economic Times
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.