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U.S. Federal Reserve official Goolsbee recently made comments that have attracted widespread follow in the economic community. He emphasized that the recent observed slowdown in employment rise should not be overinterpreted. Compared to singular employment rise data, Goolsbee places more importance on comprehensive indicators such as the unemployment rate.
It is worth noting that the current unemployment rate in the United States remains at 4.2%, a figure that is quite low in historical terms. This seems to confirm that the labor market remains relatively robust.
When discussing the issue of inflation, Goolsbee was relatively cautious. He pointed out that more data support is needed to comprehensively assess the impact of tariff policies on inflation. To this end, he will closely follow the upcoming wholesale price index and other broader inflation-related data. This data will serve as an important basis for policymakers to determine whether it is necessary to adjust interest rate policies.
Goolsbee's remarks reflect the Federal Reserve's cautious approach in formulating monetary policy. They not only follow the performance of the labor market but also take into account various factors such as inflation trends and the international trade environment. This comprehensive analytical method helps in crafting a more robust and reliable monetary policy.
As the global economic situation continues to change, market participants and policymakers will closely follow the subsequent moves of the Federal Reserve. Goolsbee's statement undoubtedly provides us with important clues to understand the Federal Reserve's policy thinking.