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Fed’s Goolsbee: Labor Market Stable, Maybe Tightening A Bit

UTC

  • Cannot Look Through Inflation If Demand Is Overheating; Data Centre Buildout Is Pushing Up Prices
  • Agrees That Fed Has Work To Do On Inflation
  • Inflation Is Rising And Proving Far More Persistent Than Expected When It Was Just A Matter Of Supply Shocks
  • Services Inflation And Rising Health Care Costs Don't Feel Like They Will Change Quickly

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