Created
: 2025.09.05
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Fed's Goolsbee: Labor market might be deteriorating
Breaking news
Fed's Goolsbee: Labor market might be deteriorating
2025.09.05 08:31
2025.09.05 08:31
Federal Reserve Bank of Chicago President Austan Goolsbee said on Friday that US labor market might be deteriorating, adding that there is a bit of wait-and-see because of uncertainty.
Key quotes
Labor market might be deteriorating.
Inflation might be picking back up.
There is a bit of wait and see because of the uncertainty.
Rates are better indicators for labor market than raw job growth.
Market reaction
At the time of press, the US Dollar Index (DXY) was down 0.01% on the day at 98.28.
Fed FAQs
Monetary policy in the US is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability and foster full employment. Its primary tool to achieve these goals is by adjusting interest rates. When prices are rising too quickly and inflation is above the Fed's 2% target, it raises interest rates, increasing borrowing costs throughout the economy. This results in a stronger US Dollar (USD) as it makes the US a more attractive place for international investors to park their money. When inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower interest rates to encourage borrowing, which weighs on the Greenback.
The Federal Reserve (Fed) holds eight policy meetings a year, where the Federal Open Market Committee (FOMC) assesses economic conditions and makes monetary policy decisions. The FOMC is attended by twelve Fed officials - the seven members of the Board of Governors, the president of the Federal Reserve Bank of New York, and four of the remaining eleven regional Reserve Bank presidents, who serve one-year terms on a rotating basis.
In extreme situations, the Federal Reserve may resort to a policy named Quantitative Easing (QE). QE is the process by which the Fed substantially increases the flow of credit in a stuck financial system. It is a non-standard policy measure used during crises or when inflation is extremely low. It was the Fed's weapon of choice during the Great Financial Crisis in 2008. It involves the Fed printing more Dollars and using them to buy high grade bonds from financial institutions. QE usually weakens the US Dollar.
Quantitative tightening (QT) is the reverse process of QE, whereby the Federal Reserve stops buying bonds from financial institutions and does not reinvest the principal from the bonds it holds maturing, to purchase new bonds. It is usually positive for the value of the US Dollar.
Last updated
: 2025.09.05
Related articles
GBP/USD sinks below 1.3400 on strong US, focus shifts to PCE
31 minutes agoEUR/USD dives as strong US data fuels Dollar rally
48 minutes agoWhen is the Japan Tokyo CPI and how it could affect USD/JPY?
55 minutes agoFed's Daly calls for more rate cuts, but Fed needs to watch labor and inflation
2025.09.26 04:47Banxico cuts rates 25 bps to 7.50% as expected, further easing eyed
2025.09.26 04:04Dow Jones Industrial Average falls as downside momentum accelerates
2025.09.26 03:57
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
GBP/USD sinks below 1.3400 on strong US, focus shifts to PCE
The GBP/USD ended Thursday's session with losses of over 0.78%, seeming poised to test lower prices as a scarce economic docket in the UK would leave traders adrift to dynamics linked to the US Dollar.
New
2025.09.26 07:56EUR/USD dives as strong US data fuels Dollar rally
EUR/USD tumbled sharply below 1.1700 on Thursday, extending its losses below two technical support levels, which opens the door for further downside. Strong jobs market data from the United States (US) pushed the Euro lower. At the time of writing, the pair trades at 1.1667 down 0.60%.
New
2025.09.26 07:40When is the Japan Tokyo CPI and how it could affect USD/JPY?
Statistics Bureau of Japan will publish its data for September on Friday at 23.30 GMT. The Tokyo CPI measures the price fluctuation of goods and services purchased by households in the Tokyo region excluding fresh food, whose prices often fluctuate depending on the weather.
New
2025.09.26 07:32Fed's Daly calls for more rate cuts, but Fed needs to watch labor and inflation
Federal Reserve (Fed) Bank of San Francisco President Mary C.
New
2025.09.26 04:47Banxico cuts rates 25 bps to 7.50% as expected, further easing eyed
The Bank of Mexico reduced its main reference rates by 25 basis points as expected, to 7.50% with not an unanimous decision, with a 4 to 1 vote split, with Deputy Governor Jonathan Heath, once against voting to hold rates unchanged. developing story, more to come ...
New
2025.09.26 04:04Dow Jones Industrial Average falls as downside momentum accelerates
The Dow Jones Industrial Average pivoted further into the bearish side on Thursday, shedding around 400 points top-to-bottom and slipping back below the 46,000 level as equity traders sharply rebalance their expectations for heavy AI investment schemes that have materialized in recent days.
New
2025.09.26 03:57AUD/USD tumbles to three-week low as US Dollar rallies on robust economic data
The Australian Dollar (AUD) slumps against the US Dollar (USD) on Thursday, with the AUD/USD pair extending losses for a second consecutive session and falling to its weakest level since September 5.
New
2025.09.26 03:51Gold pares gains as strong US data offsets Fed cut narrative
Gold price trimmed earlier gains after reaching a daily high of $3,761 on Thursday, following the release of a US jobs report that showed signs of strength, contrary to the main reason for cutting rates last week. Also, traders are eyeing the release of inflation data on Friday.
New
2025.09.26 03:19FX Today: US, Tokyo inflation in the limelight
The US Dollar (USD) picked up strong pace on Thursday, advancing to three-week highs as investors assessed firmer US data releases while Fed officials gave mixed remarks regarding the Fed's rate path.
New
2025.09.26 03:15Fed's Logan calls for Fed to modernize interest rate target system
Federal Reserve (Fed) Bank of Dallas President Lorie Logan stated on Thursday that the Fed needs to modernize how it approaches setting interest rates, acknowledging that the central bank may need to allow for more volatility in the underlying repo rate and noted that the Fed has overhauled its rate
New
2025.09.26 02:57Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
