Fed’s Goolsbee: Strong US jobs data may not mean rate cuts should wait
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Chicago Federal Reserve (Fed) Bank President Austan Goolsbee said on Friday that he does not take the strong January US job growth as a reason for waiting to cut interest rates, but rather as a comfort that the labor market is not ready to crack, per Wall Street Journal (WSJ).
The US Dollar Index (DXY) is trading higher on the day at 104.06, as of writing.
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