Indicators

Fed’s Goolsbee Says US Economy Still Growing ‘Pretty Solidly’

President and CEO of the Federal Reserve Bank of Chicago Austan Goolsbee

Photographer: Rachel Mummey/Bloomberg

Federal Reserve Bank of Chicago President Austan Goolsbee said new data produced by his staff suggests the labor market remains stable.

“I think it indicates some steadiness in the labor market and I think the underlying economy is still growing pretty solidly,” Goolsbee said Thursday during an interview on Fox News.