Goolsbee: The Federal Reserve needs to be wary of consumption behavior based on the wealth effect
By: www.chaincatcher.com|2026/05/06 21:11:23
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According to Jinshi reports, Federal Reserve's Goolsbee stated that the Federal Reserve needs to be cautious of current economic behaviors that seem to be based on future "rich returns," such as consumption driven by the wealth effect or local markets overheating due to investments in data centers.
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