Federal Reserve's Goolsbee: The Fed is still in a wait-and-see mode, and current inflation trends will take some time to be reflected in the data
Federal Reserve's Goolsbee stated that certain parts of April's inflation represent the lagging nature of the data, and the Fed is still in a wait-and-see mode. The current inflation trend will take some time to be reflected in the data. It is currently a time for the Fed to wait for more information and strive to eliminate data noise. (Jin10)
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