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Fed's Goolsbee: Services inflation turning upward is 'disturbing'
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Nov 20, 2025 3:34pm
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Feds 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
*FED'S GOOLSBEE SAYS INFLATION SEEMS STALLED, MAYBE MOVING UP FEDS GOOLSBEE SAYS THE 2 PERCENT INFLATION TARGET STANDS AND 3 PERCENT INFLATION IS TOO HIGH FED'S GOOLSBEE: EMPLOYMENT IS NEAR FULL EMPLOYMENT. ... Feds Goolsbee: Uneasy Frontloading Rate Cuts And Counting On Transitory Inflation - Official Data Is Big Mess, Because The Lights Went Out
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.