PANews|Aug 14, 2026 16:36
[Federal Reserve's Goolsbee: U.S. GDP and Labor Market Are Basically Stable]
Federal Reserve's Goolsbee stated that the U.S. GDP and labor market are basically stable. Weak retail sales are only a one-month phenomenon, but prolonged weak consumption would be concerning. The CPI data is encouraging, but more data needs to be observed before making a judgment.
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