Little to No Relief From High Borrowing Costs Expected as Fed Chair Powell Heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
Goolsbee says Fed 'may be on hold' for now but sees rates going lower in next 12-18 months
Chicago Federal Reserve president Austan Goolsbee told Yahoo Finance Friday that the central bank 'may be on hold' for now, ...
US economy is 'settling into' full employment, Goolsbee says
The US economy added fewer jobs than expected in January, while unemployment ticked lower and average hourly earnings grew, ...
Trump inherits a labor market at full employment. Can he keep it there?
The latest employment report was the last of former President Joe Biden's administration. While the handover of the executive ...
Fed’s Goolsbee Sees Uncertainty Driving Shallower Rate-Cut Path
Federal Reserve Bank of Chicago President Austan Goolsbee said that while fiscal policy uncertainty may lead to fewer rate cuts, he still sees some reductions over the next 18 months.
Goolsbee: Fed in solid place for eventual cuts though uncertainty means a slower approach
A full-employment economy with solid growth and falling inflation will let the U.S. Federal Reserve continue cutting interest ...
Gold price rallies on traders seeking safety
Gold price is set to extend its gains, rising more than 0.90% on Wednesday, sponsored by US Dollar weakness and falling US Treasury bond yields. The escalation of the China-US trade war keeps ...
5Chicago Fed's Goolsbee Shifts From Dove To Hawk, Says Tariffs...
New trade tariffs and supply chain disruptions could force the Federal Reserve into a difficult position, policymaker says.
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Fed's Goolsbee Warns About Inflation Impact of Tariffs
Federal Reserve Bank of Chicago President Austan Goolsbee warns persistent tariffs could renew supply-chain disruptions and drive up inflation. He speaks at the Chicago Fed's auto conference in ...
Tariffs on China may have larger effect on inflation this time, Chicago Fed's Goolsbee says
The new round of tariffs on goods coming from China might have a larger impact on inflation this time, Chicago Fed President Austan Goolsbee said on Wednesday at the Annual Automotive Insights ...
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Fed official: Ignoring supply chain risks from tariffs could fuel inflation
The potential for an escalating trade war and other supply chain disruptions threaten to drive up inflation as happened ...
Fed's Goolsbee Warns of Potential Inflationary Impact of Tariffs
The U.S. economy is strong, the labor market is "plausibly" at full employment, and inflation has come down and is ...