Fed's Goolsbee hopes US not moving to where monetary independence is questioned

Chicago Fed's Goolsbee says Fed independence is 'critically important' for its inflation fight

"When there is interference over the long run, it's going to mean higher inflation, it's going to mean worse growth and higher unemployment," Goolsbee said.

Chicago Fed chief: Central bank must be independent of politics

Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.

Goolsbee says he hopes Fed maintains its monetary independence, citing credibility

Austan Goolsbee, the president and CEO of the Federal Reserve Bank of Chicago, said he hopes the Federal Reserve maintains its monetary independence amid attacks from President Trump, citing the agency’s credibility. Goolsbee joined CBS News’s “Face the Nation” on Sunday to weigh in on Trump’s pressure on Federal Reserve Chair Jerome Powell to cut interest rates as the president rolls out his tariff agenda. “There’s virtual unanimity among econo…

Chicago Fed president Austan Goolsbee says a move by Trump to terminate Jerome Powell would ‘undermine the credibility of the Fed’

President Donald Trump said this week Jerome Powell’s “termination cannot come fast enough.”

Fed’s Goolsbee hopes US not moving to where monetary independence is questioned - CBS ’Face the Nation’

Fed’s Goolsbee hopes US not moving to where monetary independence is questioned - CBS ’Face the Nation’

Fed's Goolsbee Hopes US Not Moving to Where Monetary Independence Is Questioned - CBS 'Face the Nation'