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 ...

Fed Officials Don’t Sound Done Hiking Interest Rates

Fed officials indicate more interest rate hikes are likely as inflation risks persist, especially due to fuel price shocks ...

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 ...
Asianet Newsable on MSN

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.

Federal Reserve Watch for Sept. 21: Goolsbee Hints at More Rate Hikes if Inflation is Demand-Driven

Chicago Fed President Austan Goolsbee (nonvoter) said that strong demand could also be driving inflation and that the Fed's job of lower the pace of price growth back down to the 2% goal may ...
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 ...

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 ...
AOL

Fed’s Austan Goolsbee sees economic weakness, but not recession

Austan Goolsbee, president and CEO of the Federal Reserve Bank of Chicago, sees some weakness in the U.S. economy now and he's personally uneasy about the possibility of inflation heating up as ...