Fed's Goolsbee: If Unemployment Rises Above 4.1%, Must React to the Situation
Fed's Goolsbee says don't overreact to one month of jobs data; has been warning that Fed's current policy is tight and restrictive; if unemployment rises above 4.1%, Fed must react to the situation; overall trend in data won't be altered by one month's worth of data; has seen desired improvement in inflation.
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