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Fed's Goolsbee: indicators show a lot of labor market stability; I still think there is mild cooling in the labor market
<=USD>:
— Cable FX Macro (@cablefxmacro) November 6, 2025
*FED'S GOOLSBEE: INDICATORS SHOW A LOT OF LABOR MARKET STABILITY
*GOOLSBEE: I STILL THINK THERE IS MILD COOLING IN LABOR MARKET
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FED'S GOOLSBEE:
— PiQ Newswire (@PiQNewswire) November 6, 2025
MOST OF LABOR MARKET INDICATORS SHOW STABILITY IN MARKET -- CNBC INTERVIEW
SHOULD BE CAREFUL TAKING PAYROLL JOB NUMBER DROP AS AN INDICATOR OF JOB MARKET
MILD COOLING IN LABOR MARKET
UNEMPLOYMENT RATE BASICALLY UNCHANGED
A LITTLE DOWNSIDE RISK TO LABOR…
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FED'S GOOLSBEE: I MAYBE RELUCTANT TO CONTINUE THE RATE CUTTING CYCLE.
— First Squawk (@FirstSquawk) November 6, 2025
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GOOLSBEE:
— PiQ Newswire (@PiQNewswire) November 6, 2025
VERY LITTLE PRIVATE SECTOR INFORMATION ABOUT INFLATION, WILL SOME TIME BEFORE WE SEE ANY PROBLEMS
MAKES ME MORE UNEASY WITH FRONTLOADING RATE CUTS
CAN'T COUNT ON INFLATION BEING TRANSITORY
CONSUMER SPENDING STRONG, GROWTH IS STRONG
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GOOLSBEE:
— PiQ Newswire (@PiQNewswire) November 6, 2025
FOR DATA TO GO DARK RIGHT AT THE MOMENT WE SAW SERVICES INFLATION RISING IS UNCOMFORTABLE
NOT HAWKISH ON RATES
SETTLING POINT FOR RATES WILL BE FAIR BELOW WHERE IT IS TODAY
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