News

Fed's Goolsbee is concerned about inflation, not jobs, hinting at high bar for rate cut

Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a ...

Chicago Fed's Goolsbee, Atlanta Fed's Bostic see case for patience before cutting interest rates

Two Fed officials on Wednesday suggested the central bank can be patient in lowering rates. Markets see a rate cut in ...

Fed's Bostic, Goolsbee comment on Sept. rate cuts: What to know

Markets are pricing in nearly a 99% chance of an interest rate cut from the Federal Reserve in September. Meanwhile, Chicago ...
Stocktwits on MSN13h

Fed’s Goolsbee Warns Colleagues To ‘Reserve Judgement’ Amid Growing Hopes Of Rate Cuts

Chicago Fed President Austan Goolsbee reportedly urged other policymakers to “reserve judgment” as calls for a rate cut in ...

Fed grappling with impact of tariffs as it ponders rate decisions, Goolsbee says

Chicago Federal Reserve President Austan Goolsbee said on Wednesday the U.S. central bank is grappling with understanding ...
The Business Times1h

Fed expected to stick with regular-sized rate cut after hot inflation data

WASHINGTON] A jump in US wholesale prices last month looks to have all but erased the possibility that the Federal Reserve ...
American Banker15h

Fed's Goolsbee backs central bank autonomy, questions tariffs

Federal Reserve Bank of Chicago President Austan Goolsbee said the Fed is not tied to Wall Street or political interests and ...

Fed’s Goolsbee Flags “Concerning” Rise in Services Prices in July CPI

Chicago Fed President Austan Goolsbee called a jump in the prices of some services “the most concerning thing” in Tuesday’s consumer price index report for July. Policymakers should “reserve judgment” ...

Fed's Goolsbee says tariffs are a 'stagflationary shock' on U.S. economy

Federal Reserve Bank of Chicago President Austan Goolsbee said Wednesday that "tariffs are a stagflationary shock" that ...
Crain's Chicago Business20h

Chicago Fed chief says upcoming policy meetings will be 'live'

Federal Reserve Bank of Chicago President Austan Goolsbee said the central bank’s meetings this fall will be “live” as he and his colleagues try to interpret mixed economic data and how best to adjust ...
Barchart on MSN5h

Stocks Muted Before the Open With Key U.S. PPI Data in Focus

September S&P 500 E-Mini futures (ESU25) are down -0.02%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.08% ...

Fed’s Goolsbee Says Upcoming Policy Meetings Will Be ‘Live’ (1)

Federal Reserve Bank of Chicago President Austan Goolsbee said the central bank’s meetings this fall will be “live” as he and his colleagues try to interpret mixed economic data and how best to adjust ...