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Federal Reserve official Goolsbee warns that a stronger dollar could impact the export/import balance, US employment, and inflation. He also highlights the potential effect of European countries cutting rates on pushing up the dollar.
Goolsbee from the Federal Reserve warns of the potential negative impact of a stronger dollar on the US economy, jobs, and inflation. #FederalReserve #economy #jobs #inflation
FED’S GOOLSBEE: STRONGER DOLLAR AFFECTS EXPORT/IMPORT BALANCE, US EMPLOYMENT AND INFLATION
⚠️ FED'S GOOLSBEE: A STRONGER DOLLAR WOULD AFFECT EXPORT/IMPORT BALANCE, AND AFFECT US EMPLOYMENT AND INFLATION