header-langage
简体中文
繁體中文
English
Tiếng Việt
Scan to Download the APP
Partnered With:

Fed's Goolsbee: Employment data below expectations, but no signs of recession yet

BlockBeats news, on August 5, Fed Chairman Goolsbee said that the Fed has been in a tightening mode. Such strict measures are only necessary when there is a concern about overheating of the economy; current data does not show signs of overheating of the economy. Employment data is lower than expected, but there is no sign of recession yet. (Jinshi)

举报 Correction/Report
RelatedRecommended
Powell does not believe that the sharp interest rate cut indicates that a US recession is imminent, but rather that it is more of a preventive action aimed at maintaining the "robust" status quo of the economy and labor market.
Correction/Report
Submit
Add Library
Visible to myself only
Public
Save
Choose Library
Add Library
Cancel
Finish