Fed's Goolsbee comments on today's NFP data!

FED banker, Austan Goolsbee, commented on today's NFP data and the current macro situation in the context of FED's monetary policy:

• the FED will remain at restrictive interest rate levels for an extended period in the coming year;
• NFP data came in line with expectations; the banker considers them comfortable;
• the FED is on track to bring inflation to the target levels of 2%;
• the labor market is slowing down a bit, but it remains extremely strong;
• the banker is not surprised that wages are growing but will keep an eye on them;
• the recent CPI readings were positive (promising data);
• we should start thinking about how long to maintain interest rates;
• the banker hopes to achieve a soft landing for the economy in the current tightening cycle.