Fed's Hammack: Inflation expectations have been contained, and that's good. Fed's Hammack: I see some softening in demand related to inflation. Fed's Hammack: Pressure from inflation is still really significant. Fed's Hammack: I had been anticipating a cooling in jobs, and the data is confirming that. Fed's Hammack: Inflation is still too high, and is trending in the wrong direction. Fed's Hammack: We need to keep monetary policy somewhat restrictive due to inflation. Fed's Hammack: The jobs data looked a bit mixed. Fed's Hammack: The jobs data highlighted challenges faced by monetary policy. Fed's Hammack: Jobs report is a bit stale, but is in line with expectations - CNBC. Fed's Hammack: Anecdotal info still points to a low-hire, low-fire environment. Fed's Hammack: High inflation is still a real issue for the economy. Fed's Hammack: I see some softening in demand related to inflation. Fed's Hammack: In housing, input costs are a real issue. Fed's Hammack: I expect to see fluctuations in money markets. Fed's Hammack: I am looking a lot at private credit. Fed's Hammack: We are right around the neutral rate.

*GOOLSBEE: SERVICES INFLATION TURNING UPWARD IS 'DISTURBING' *FED'S GOOLSBEE: SEPT. DATA SHOW LABOR MARKET COOLING BUT STABLE *GOOLSBEE: UNEASY FRONT-LOADING CUTS, NOT HAWKISH IN MEDIUM-TERM FED’S GOOLSBEE SAYS THE LAST THREE MONTHS OF INFLATION HAVE BEEN AT BEST STEADY AND IN SOME MEASURES WORSE; SAYS OFFICIAL GOVERNMENT DATA IS A “MESS” AND WARNS THERE IS MORE RISK FROM LACK OF VISIBILITY ON INFLATION THAN ON THE LABOR MARKET, WHERE MORE ALTERNATIVE DATA IS… Fed's Goolsbee: When I voted for the Fed's October rate cut, I presumed the job market was cooling gradually. FED OFFICIAL GOOLSBEE STATES HE IS NOT HAWKISH ABOUT MID-TERM RATES AND PREDICTS INTEREST RATES WILL SETTLE LOT LOWER THAN NOW

Fed’s Goolsbee: While In Dark On Official Data I Was More Paranoid About Inflation Side, Since There's Less Data Fed's Goolsbee: There is a notable slowdown in the number of jobs created. GOOLSBEE: DUBIOUS THAT SLOWDOWN IN PAYROLLS POINTS TO A RECESSION