Inflation remains too high with troubling services costs, Austan Goolsbee says

Inflation remains too high with troubling services costs, Austan Goolsbee says
Goolsbee flags troubling inflation report

Austan Goolsbee called a new inflation report distressing, highlighting persistent services inflation that includes health care and other categories.

Annmarie Hordern reported Goolsbee's comments, which emphasized that people do not need reminders to know inflation remains too high.

Jamie Dimon recently said the U.S. economy continues to be supported by business investment and consumer spending, as reported by Annmarie Hordern in an earlier story (link). Hordern has also covered international economic events, including Saudi Arabia's consideration of postponing its flagship investment conference in Riyadh following safety concerns from Wall Street executives (link). These reports reflect Hordern's coverage of both domestic and global developments affecting markets.

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