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Fed's Goolsbee Cites Service Sector Inflation as Worst Part of April CPI Data

2026-05-12 13:18:16

Federal Reserve official Austan Goolsbee highlighted service sector inflation as the most concerning component of April's consumer price index data. Goolsbee's comments underscore ongoing challenges with inflation in the services segment, which has remained sticky despite broader disinflation efforts.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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