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