Fed's Goolsbee on Rate Policy and Labor Market
HTML-код
- Опубликовано: 12 сен 2024
- Federal Reserve Bank of Chicago President Austan Goolsbee says it’s time to pay more attention to the employment side of the central bank’s dual mandate now that inflation is cooling toward the 2% target. He speaks with Mike McKee at the Fed's annual economic symposium in Jackson Hole, Wyoming.
Sign up for the Economics Daily newsletter to discover what's driving the global economy and what it means for policy makers, businesses, investors and you: bloom.bg/4535pfS
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: tinyurl.com/ys...
Visit www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv
Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: www.tiktok.com...
Reddit: / bloomberg
LinkedIn: / bloomberg-news
More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals
Watch more on RUclips:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts
I have no faith in this guy.
Ay, zis, byne😅
When will we tackle the national debt? Can we have 100 trillion in debt and still be ok?
Burn II. This is time period is going to be incredible if you are worth $5+ mil but brutal if you are not a millionaire yet. Inflation is ripping, Fed has $7,000,000,000,000 balance sheet and cutting rates, claims to be restrictive? Buy everything not nailed down, ugly times coming due to government spending and Fed group-think.
I find Goolsbee an erratic messenger. On Sunday he was on Face the Nation where he emphasized that a rate cut was not certain. That seemed mainly designed to give the FOMC and its high priests as much operational freedom from Markets as possible, but deviated considerably from what we saw in the Powell speech.
Trying to become a Senator. Useless as a professor, just saying what is popular to dumb voters.
“There are warning signs, but also signs of strength.”
What does that mean? If there is superficial rust on the supporting steel column of a building, then it isn’t a warning sign. It’s superficial. The column is strong.
If, however, the same amount of rust is actually a threat… Is actually a warning sign… Isn’t superficial… Then the column is weak.
The literal definition of “weak” means being threatened by something that would not be a threat to what’s strong. The literal definition of “strength” means whatever is a warning sign to the weak isn’t a warning sign to you.
Only a central banker could speak like this.
@GrantDWilliams82 He is talking about economic data. What I believe he means is that some data is warning the economy could be heading for a recession while at the same time other different data suggests the economy is doing fine and not heading for a recession. Data saying unemployment is rising is warning the economy could be heading for recession. Other different data saying consumer spending is holding steady suggests the economy is just fine. He's not saying one type of data is both a warning and a sign of strength.
In terms of your analogy, he isn't saying the rust is both a warning and a sign of strength. At least, that is how I understand what he is saying. Hope this helps.
His face says a recession will be soon.
"Credit delinquencies rising" and "consumer spending rising", i mean, correlation is pretty obvious... people are overleveraged with credit and not paying them, lets make it more affordable for them to be overleveraged and let them also refinance (40 trillion debt target, here we go) ... lets pray AHAH
Five percent, the average rate for 200 years, before the last 25, is “pretty tight”, according to this shill.
You added liquidity to markets pretty often while you were tight though 😂
US $ be devalued to 0$ worth next year when BRICK economy starting
Mulți, au, probleme, dar, el, e, jalnyk, cred, ca, e, satul, sau, stresat, epuizat,, sigur, vyseaza, nr,, mereu,,, 😳🫤🤔🙄👁️👌