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The Economic Times

Anupam Nagar

Goolsbee says steady jobs market keeps inflation as Fed priority

US Federal Reserve Austan Goolsbee Inflation United States

Chicago Federal Reserve President Austan Goolsbee said that recent employment data suggested the U.S. labour market remained steady, while persistent inflation was still the bigger concern for monetary policy, according to a report by Reuters.

Speaking on Fox Business Network's The Big Money show, Goolsbee said the latest jobs data did not point to a significant deterioration in labour-market conditions, the report stated.

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