Federal Reserve's Quarles: Economic growth remains fairly stable, the Federal Reserve will not overreact
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Federal Reserve's Goolsbee stated that despite weak employment data, economic growth remains relatively stable and there will be no excessive action. He pointed out that the margin of error for monthly employment data is 100,000, so one cannot jump to conclusions. Goolsbee emphasized that if the economy deteriorates, the Federal Reserve will take measures to address it
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