Fed's Goolsbee: inflation top concern, labor market steady, rate options open
Goolsbee described the labor market as steady, stressed that inflation is the main focus, and left the door open for a rate hike or pause.
Inflation, employment, growth data and central bank decisions, and how they reprice risk across markets.
Goolsbee described the labor market as steady, stressed that inflation is the main focus, and left the door open for a rate hike or pause.
US factory orders increased 0.1% in August, matching expectations. Durable goods orders were revised slightly lower, while core capital goods orders held atβ¦
NEC Director Kevin Hassett said the jobs report points to a strong consumer and expects a robust holiday season.
US jobs added just 29,000 in September, sending yields lower, dollar down, and stock futures higher.
US personal savings rate fell to 4.1% in August 2026, its lowest since November 2022, raising questions about Bitcoin as a hedge.
US added only 29K jobs in September, missing forecasts by 61K. Bitcoin and gold jumped, and $27.5M in short BTC bets were liquidated.
European stocks are up and Treasury yields are off their highs as investors await US jobs data; oil is lower and gold is steady near $4,180.
Markets await September payrolls with Fed pricing at 7.1 bps and oil down on European reserve release talk.
The dollar is mixed as traders await the September US jobs report. Oil falls and stock futures point higher.
Stocks rebound as Treasury yields ease from highs, but the upcoming US jobs report could reverse the calm.
September US nonfarm payrolls expected at 90K, with unemployment steady at 4.1%. Release could impact Fed rate hike odds and dollar.
Eurozone consumer inflation rose to 3.8% year-on-year in September, exceeding forecasts. Energy prices drove the increase, while core CPI was steady at 2.5%.
Eurozone inflation rose 3.8% year-on-year in September, above the 3.6% forecast, driven by prior 3.2% reading.
ECB's Olli Rehn cites energy prices and AI risks as key uncertainties for inflation and the rate outlook.
A breakdown of how CPI, PCE and PPI inflation reports each influence markets and the Fed's policy outlook.