🔥In an interview with CNBC, Fed Chairman Austan Goolsbee decided to put everyone at ease:
🔵The Fed is taking a conservative stance.
🔵Data does not indicate the economy is overheating.
🔵Jobs data was worse than expected, but does not indicate a recession.
🔵The Fed needs to make decisions going forward.
🔵 Other data such as business defaults have some alarming indicators.
🔵Economic growth continues at a steady level.
🔵Everything is always up for discussion, including rate hikes and cuts.
👍 - well done, you got it right /