[Federal Reserve's Goolsbee: Both a Rate Hike or Pause This Month Are Possible] Jin10 News, October 3 – Chicago Fed President Goolsbee stated that the latest employment data shows the U.S. labor market remains stable, and excessively high inflation is still the Federal Reserve's more important policy focus at present. Regarding whether the Fed should continue raising rates or pause this month, Goolsbee said, 'There are solid reasons for either option to be on the table,' and expressed a desire to see more evidence that inflation is moving toward the 2% target.