Fed's Goolsbee Says A Broad Set Of Data Shows The Labor Market Is Cooling; Says If Productivity Keeps Booming, That Implies Higher Growth, Higher Neutral Rate
Fed's Goolsbee Says We Are Still A Ways Off From Having To Sort Out Where Neutral Rate Is; Says We Have Time And Runway To Figure Out Where The Settling Point On The Fed Policy Rate Is
Express News | CBOE Volatility Index Down 0.77 Points at 19.72
Fed's Goolsbee Says There Are Some Signs Inflation Might Undershoot Target; Says We Need To Try To Maintain Conditions Like They Are Today
Fed's Goolsbee Says But Let's Not Lose Sight Of The Longer Trend; A Large Majority Of Fed Policymakers Feel Rates Are Going To Come Down A Lot Over Next Year-18 Months; Says You Got To Be Careful Keeping Rates As Restrictive As They Are
U.S. stock market morning session | September non-farm payroll data far exceeded expectations, with the three major indices opening higher before falling back slightly; most technology stocks rose, with AMD, tesla, and amazon up more than 2%.
As of press time, the Dow rose by 0.63%, the Nasdaq rose by 1.03%, and the s&p 500 index rose by 0.68%.