Federal Reserve's Goolsbee: The Fed is still in a wait-and-see mode, and current inflation trends will take some time to be reflected in the data
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Federal Reserve's Goolsbee stated that certain parts of April's inflation represent the lagging nature of the data, and the Fed is still in a wait-and-see mode. The current inflation trend will take some time to be reflected in the data. It is currently a time for the Fed to wait for more information and strive to eliminate data noise. (Jin10)
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