Fed's Goolsbee Calls Inflation Report 'Borderline Disturbing' as Central Bank Weighs More Hikes
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12 Articles
The President of the Chicago District of the Federal Reserve (Fed), Austan Goolsbee, classified the October inflation data in the United States as "disturbing" and stated that the monetary authority needs to face the persistence of inflationary pressures. It's another worrying report, bordering the disruptive, said Goolsbee, in an interview with PBS NewsHour, in reference to the October Consumer Price Index (CPI). "We hoped to see some progress.…
After the rally, Markus Koch looks back on the "immense fluctuation range" of the past trading days. Despite higher than expected inflationary data, he calculates that the Fed will raise interest rates by a maximum of 25 basis points in December.
Chicago Fed President Austan Goolsbee called the latest inflation data "marginally worrisome."
Fed’s Goolsbee calls inflation report ‘borderline disturbing’ as central bank weighs more hikes
Austan Goolsbee, President and CEO, Federal Reserve Bank of Chicago speaks at The Capital Hilton during the 42nd annual National Association for Business Economics Economic Policy Conference on February 24, 2026 in Washington, DC. Luke Johnson | Getty ImagesChicago Federal Reserve President Austan Goolsbee called the latest inflation data "borderline disturbing." "It's another distressing report…
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