Chicago Fed President not overly concerned about CPI statistics - deceleration trend is clear.
October 11, 2024 1:26 JST (excerpt)
On the 10th, US Chicago Fed President Goolsbee said that he is not overly concerned about the September inflation statistics, which exceeded market expectations, and reiterated that the US monetary authorities no longer just focus on inflationary pressures.
Mr. Goolsbee stated in an interview with CNBC, "It is clear that inflation has slowed significantly, and the situation where the labor market is approaching the level we consider full employment has been the overall trend over the past 12-18 months."
On the 10th, US Chicago Fed President Goolsbee said that he is not overly concerned about the September inflation statistics, which exceeded market expectations, and reiterated that the US monetary authorities no longer just focus on inflationary pressures.
Mr. Goolsbee stated in an interview with CNBC, "It is clear that inflation has slowed significantly, and the situation where the labor market is approaching the level we consider full employment has been the overall trend over the past 12-18 months."
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