FEDERAL RESERVE’S GOOLSBEE ASSESSES ECONOMIC DATA AS US RECESSION FEARS RISE‼️
Federal Reserve Bank of Chicago President Austan Goolsbee says recent economic indicators, such as lower-than-expected labor force data, do not currently signal a recession but warrant careful monitoring.
Goolsbee emphasizes that current Fed policies are restrictive, but such policies may not be necessary if the economy is not overheating.
According to Goolsbee, a “soft landing” could still be possible by containing inflation and not causing a recession (Markets Insider, 2024; Morningstar, 2024).
#Binance #escoin #ETH #elg $BTC $ETH References • Markets Insider. (2024). Fed's Goolsbee Says Data Do Not Suggest U.S. Recession Authority. Available: markets.businessinsider.com • Morningstar. (2024). Fed's Goolsbee Says Trend of Economic Data Justifies No Recession Fears Yet. Access: morningstar.com