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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.

Policymakers Must Not Look Through Supply Shocks, Fed's Goolsbee Says

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 ...

The Fed shouldn't 'look through' some supply shocks, Chicago Fed's Goolsbee says

"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 ...
Crypto Briefing

Federal Reserve’s Goolsbee warns supply shocks can cause lasting inflation that must not be ignored

Chicago Fed President Goolsbee warns tariffs, oil prices, and COVID aftershocks are causing persistent inflation, signaling more rate hikes may ...

Austan Goolsbee warns inflation fight will hurt jobs

Chicago Fed President Austan Goolsbee said persistent supply shocks leave the central bank little choice but to raise rates and reduce employment ...

Federal Reserve official says inflation persistence led her to support interest rate hike

A top Federal Reserve official said Monday that the central bank may have to cause economic pain in the form of higher unemployment to combat stubbornly high inflation.
CNBC

Fed's Goolsbee sees 'note of unease' as central bank looks to next interest rate move

Chicago Fed President Austan Goolsbee said a mixed bag of inflation data coupled with lingering uncertainty over tariffs have given him some hesitation about lowering interest rates. "We've got to ...

Goolsbee: The Fed Can’t Keep Waiting Out Oil Shocks

For decades, the Federal Reserve's playbook for oil shocks has been to wait them out. Chicago Fed President Austan Goolsbee ...

[Finance] Summary of Fed Goolsbee's series of hawkish remarks (9/21)

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 ...
CNBC

Chicago Fed's Goolsbee says he's cautious about further rate cuts during shutdown

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.

Monday’s economic calendar

AM Austan Goolsbee Speech Chicago Federal Reserve Bank President Austan Goolsbee participates in moderated ...