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Fed's Goolsbee Expresses Concern Over Premature Rate Cuts Based on Slowing Jobs Data

Summary: According to sources, the Federal Reserve's Goolsbee expressed concern that the job market appears to be cooling while inflation is rising, feeling uneasy about excessive rate cuts based on slowing jobs data.

According to sources, the Federal Reserve's Goolsbee expressed concern that the job market appears to be cooling while inflation is rising, feeling uneasy about excessive rate cuts based on slowing jobs data.

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