Policymakers can no longer afford to look through supply shocks that have become a regular feature of the economy, Chicago Fed President Austan Goolsbee said Monday. Lately, supply shocks such as wars ...
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Fed’s Austan Goolsbee says he is ‘attuned’ to elevated service-sector inflation – flags frequent supply shocks lately
Goolsbee highlighted evidence that AI data center construction is “spilling out of its own lane” and raising aggregate output beyond what the economy can absorb.
"We seem to have entered a period where large supply shocks — from wars, tariffs, weather, supply chain disruptions, oil shocks, and so on — have become a regular feature of the economy," Goolsbee ...
For decades, the Federal Reserve's playbook for oil shocks has been to wait them out. Chicago Fed President Austan Goolsbee ...
Federal Reserve Bank of Chicago President Austan Goolsbee said, “rates can go down a fair bit more from where they are even now,” if economic data shows inflation is on track to reach the central ...
Neither a hawk nor a dove, but a 'Data Dog Hachiko🐕'Remarks by Chicago Fed President Goolsbee, whom I personally like. This is a niche article, so please forgive me if it's not interesting to those w ...
Chicago Fed President Austan Goolsbee said persistent supply shocks leave the central bank little choice but to raise rates and reduce employment ...
Chicago Federal Reserve President Austan Goolsbee expressed hesitation about lowering interest rates further because the government shutdown has resulted in a blackout on key inflation data.
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