Chicago Fed's Goolsbee says central bank 'has definitely got work to do' on inflation

Goolsbee Says Fed Must Reestablish Its Inflation Credibility

Federal Reserve Bank of Chicago President Austan Goolsbee said the US central bank must take more action to bring down inflation.

Chicago Fed's Goolsbee says on CNBC the Fed needs to guard against demand overheating

Chicago Fed president Austan Goolsbee stated that inflation has moved beyond temporary energy and tariff-related price shocks. He highlighted that increased demand from the AI buildout is pushing prices higher across many sectors including health care and services. Goolsbee emphasized the importance of upcoming inflation data for determining the Fed's rate increase pace. He noted that currently, there is no clear path back to the 2% inflation ta…

Chicago Fed's Goolsbee says central bank 'has definitely got work to do' on inflation

The policymaker expressed concern about the latest inflation data, telling CNBC that the central bank likely will need to take action.

Chicago Fed’s Goolsbee says central bank ‘has definitely got work to do’ on inflation

Chicago Federal Reserve President Austan Goolsbee expressed concern about the latest inflation data, telling CNBC on Friday that the central bank likely will need to take action."I believe that the the central bank has definitely got work to do to continue to reestablish its credibility," the policymaker said during an interview on "Squawk Box."His remarks…

Fed's Goolsbee warns more aggressive hikes as inflation spreads