Federal Reserve's Goolsbee focuses on unemployment rate, warns against overinterpreting employment data

ChainCatcher news, according to Jinshi reports, Federal Reserve's Goolsbee stated that the current slowdown in job growth should not be overinterpreted, and he places more importance on data such as the unemployment rate. Currently, the unemployment rate in the United States is 4.2%, which is at a historical low. Goolsbee pointed out that the impact of tariffs on inflation still requires more data to confirm, and mentioned that he will pay attention to the upcoming wholesale prices and broader inflation data to determine whether it is necessary to cut interest rates.