Goolsbee described the labor market as steady, though the inflation side of the Fed's work is currently more important. He noted there is plenty of room for a variety of outcomes at the next rate meeting based on available economic data.
Wednesday, October 21, 2026
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Goolsbee Leaves Rate Hike or Pause Open for Next Fed Meeting
US Markets18 days ago
Managing inflation has become the dominant priority for the United States' central bank over its employment mandate. Fed official Austan Goolsbee stated that the board will not rule out any decision at the coming policy gathering, noting that both an interest rate hike and a pause remain possibilities.
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