Fed's Goolsbee: Markets Stable but Inflation Far Above Target, Trend Unfavorable

According to Jinshi, Federal Reserve official Austan Goolsbee recently stated that although financial markets remain stable, inflation levels are still well above the target and the trend is unfavorable. This remark reflects the Fed's internal concern about persistently high inflation, which may influence future monetary policy decisions.

Goolsbee's comments suggest that the Fed may continue to maintain a hawkish stance until inflation significantly declines. The market needs to closely monitor subsequent inflation data and further statements from Fed officials.