#AnthropicIPOMeetingsSkipFinancialsValuation
On August 15, Chicago Fed Chairman Goolsby said that recent CPI data is very encouraging, but that inflation remained high in May and June. He believes that only if the growth momentum from June continues for the next three to four months can it be certain that prices are gradually returning to the 2% target. He supports holding interest rates steady in July, saying that inflation is still the biggest concern, and that the economy and jobs are "essentially stable." He warned that continued declines in retail sales would be a cause for concern, because consumer spending is the main pillar of the U.S. economy.
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On August 15, Chicago Fed Chairman Goolsby said that recent CPI data is very encouraging, but that inflation remained high in May and June. He believes that only if the growth momentum from June continues for the next three to four months can it be certain that prices are gradually returning to the 2% target. He supports holding interest rates steady in July, saying that inflation is still the biggest concern, and that the economy and jobs are "essentially stable." He warned that continued declines in retail sales would be a cause for concern, because consumer spending is the main pillar of the U.S. economy.
$ACE
$DOLO
$ALICE