Fed’s Goolsbee Says Road to 2% Inflation May Not Be Painless

Federal Reserve Bank of Chicago President Austan Goolsbee warned the central bank cannot ignore repeated and persistent ...
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Fed’s Austan Goolsbee says he is ‘attuned’ to elevated service-sector inflation – flags frequent supply shocks lately

Goolsbee said the Fed may not respond as aggressively to a supply-driven imbalance as it would to demand overheating. ・He said that if persistent shocks repeatedly push inflation higher, the central ...

Goolsbee rejects idea of Fed cutting rates to help US finance its debt

By Howard Schneider WASHINGTON, Sept 21 (Reuters) - Suggestions that the Federal Reserve could lower borrowing costs to help the US government finance its current debt and deficits are the very reason ...

Fed's Goolsbee: Strong demand may be adding to US inflation, 'no ambiguity' how Fed would react

By Howard Schneider WASHINGTON, Sept 21 (Reuters) - U.S. inflation may have moved beyond the tariff and energy prices shocks of the last 18 months and now being driven by strong demand as well, ...

Chicago Fed’s Austan Goolsbee wants to get back to ‘old-school’ economics: Focused on ordinary Americans, mindful of AI hype, and sharp on inflation

Exclusive: “If there were going to be something that shook the consumers, it would shake the economy,” president Goolsbee tells Fortune.

Fed rate hike 'not urgent', says John Williams; Austan Goolsbee warns against 'playing with fire'

Federal Reserve Bank of New York President John Williams stated there could be one more interest rate increase before ...

How to Respond to Consecutive and Prolonged 'Supply Shocks'? - Arguments from the Chicago Fed President

The primary cause of the prolonged global rise in prices is seen as a series of 'supply shocks' stemming from 'Trump tariffs' ...

Fed's Goolsbee: Strong demand may be adding to US inflation, 'no ambiguity' how Fed would react

U.S. inflation may have moved beyond the tariff and energy prices shocks of the last 18 months and now being driven by strong demand as well, Chicago Fed president Austan Goolsbee said on Sunday, ...

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 ...

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.

Why the AI boom makes inflation harder to tame

The US economy may have a new problem: It’s too strong.