Gulsby: Federal Reserve may raise interest rates or pause this month

Chicago Fed President Goolsby said that the latest employment data shows that the US labor market remains stable, and high inflation remains the Fed's more important policy focus at present. There are sufficient reasons on the table for the Fed to continue raising interest rates or pause action this month, and he hopes to see more evidence to prove that inflation is falling towards the 2% target. (Source: Golden Ten Data)