Fed's Goolsbee focuses on unemployment rate, warns against over-interpreting employment data

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According to ChainCatcher, citing Jinshi's report, Federal Reserve Governor Goolsbee stated that the current slowdown in employment growth should not be over-interpreted, and he is more focused on data such as the unemployment rate. Currently, the U.S. unemployment rate is 4.2%, which is at a historic low. Goolsbee pointed out that the impact of tariffs on inflation still requires more data to confirm, and mentioned that he will pay attention to the upcoming wholesale price and broader inflation data to determine whether interest rate cuts are necessary.

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