Fed's Goolsbee: want more assurance on inflation to cut in Sept or autumn

Fed’s Goolsbee calls tariffs ‘stagflationary’

Chicago Federal Reserve president Austan Goolsbee described President Trump’s wide-ranging tariffs as “stagflationary” on Friday, expressing a mainline view of tariffs among central bankers that’s prompted the Fed to maintain its pause on interest rate cuts, much to the frustration of the president. “I think of tariffs as having a heavy stagflationary component,” he said…

Inflation or Jobs: Federal Reserve Officials are Divided Over Competing Concerns

WASHINGTON (AP) — One major question will be front and center for Federal Reserve policymakers as they prepare for an annual conference in Jackson, Wyoming next week and a crucial policy meeting in September: Which is a bigger problem for the economy right now, stubborn inflation or slower hiring? Weak job gains since April have pushed some officials toward supporting a cut in the Fed’s key rate as soon as next month, but speeches and comments b…

Fed’s Goolsbee Says He Wants to See More Positive Inflation Data

Federal Reserve Bank of Chicago President Austan Goolsbee said he would like to see at least one more inflation report to be sure persistent price pressures aren’t picking up.

Fed's Goolsbee Shows Anxiety As Inflation Hits Non-Tariff Items

Chicago Fed's Austan Goolsbee says rising producer prices and sticky services inflation raise concerns about tariff-driven stagflation.

Chicago Fed president wants to see a 'few months of data' on inflation to gauge economy’s health

International: Top News And Analysis "The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ “Here’s the Scoop” podcast.The post Chicago Fed President Goolsbee thinks central bank should wait a few months before cutting interest rates appeared first on PinoyFeeds.

Chicago Fed President Goolsbee thinks central bank should wait a few months before cutting interest rates

What does a donut tell us about the state of the economy?