US Stock Market: Fed’s Goolsbee flags rising inflation risks after weak April data
By TodayTelugu Desk1 min read2 views
Chicago Fed President Austan Goolsbee raised concerns over rising U.S. services inflation, saying recent data showed price pressures moving in an unfavourable direction. He noted inflation remains sticky despite a stable labour market, reinforcing caution among policymakers as the Federal Reserve continues to assess its rate path amid mixed economic signals.
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