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Fed's Goolsbee: Rising unemployment may indicate worsening job market

Fed's Goolsbee: Rising unemployment may indicate worsening job market

Central Banks
Adam Button
14/08/2024 | 19:54 GMT
  • Goolsbee spoke in an interview with Bloomberg
Austan Goolsbee

We heard from Goolsbee last week and there isn't much new here:

  • Would focus much more on employment if job market weakens
  • Policy is 'very restrictive' economy not overheating
  • Economic conditions will warrant size of rate cuts

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