Fed’s Goolsbee says he feels more comfortable that labor market is stabilizing, WSJ reports

01/16/2025

Less than a minute

2025.01.16 14:56

© Reuters. FILE PHOTO: Federal Reserve Bank of Chicago President Austan Goolsbee hosts a 'Fed Listens' event in Chicago, Illinois, U.S., July 10, 2024. REUTERS/Ann Saphir/File Photo

(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee said he feels more comfortable that the labor market is stabilizing, the Wall Street Journal reported on Thursday.

“I have over the last several months become more comfortable that this is a stabilization of the job market at a full-employment-like level, as opposed to something that was crashing through normal and turning into something worse,” Goolsbee said in an interview this week, according to the Journal.

01/16/2025

Less than a minute

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