Fed’s Goolsbee Flags Rising Inflation, Calls Latest CPI Report Concerning
According to ChainCatcher, as reported by Jintou, Federal Reserve's Goolsbee stated that if more situations similar to the latest Consumer Price Index (CPI) report arise in the future—where inflation components unrelated to tariffs are increasing—it would be even more concerning.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
IMF warning: AI reshapes 40% of jobs, youth employment declines
Georgieva stated in Bangkok that although AI is boosting global growth to 3%, it will impact 40% of jobs, exacerbate the wealth gap and fiscal pressures, and pose serious challenges for youth employment.
Goldman Sachs and JPMorgan suddenly brake on AI infrastructure financing: Out of $5 billion AI loans, only $1.3 billion are accepted, and even with an 11% high interest rate, they dare not take it all.
JPMorgan and Goldman Sachs have taken the rare step of limiting their exposure to a $5 billion loan sale to artificial intelligence startup Volta Infrastructure Holdings Ltd.
Crypto prices
More
