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Federal Reserve Goolsbee: Doubts about whether the job market will continue to deteriorate

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2024-08-08 21:50:59
The Federal Reserve Goolsbee said that the Federal Reserve is concerned about the market, but the market is not driving the FOMC's monetary policy; there are doubts about whether the job market will continue to deteriorate; we need to see more than just non-farm payrolls data, not just one month's data; now we are returning to a more normal state; if it is too tight for too long, we need to pay attention to the real economy.
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