Federal Reserve Bank of Chicago President Austan Goolsbee warned the central bank cannot ignore repeated and persistent ...
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 ...
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.
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 says he’s watching both the details and the overall rate of inflation to guide monetary policy.
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 get ...
"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 ...
Chicago Fed President Austan Goolsbee said persistent supply shocks leave the central bank little choice but to raise rates and reduce employment ...
Federal Reserve Bank of Chicago president Austan Goolsbee said the central bank is still waiting for more economic data that will ultimately influence its decision about whether to change interest ...
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. Goolsbee ...
Cleveland Federal Reserve President Beth Hammack and Chicago Fed President Austan Goolsbee both see inflation as a far bigger problem than employment, underscoring their support for tighter rather ...