Fed needs more clarity before it can go back to cutting rates, says Goolsbee
Chicago Federal Reserve Bank President Austan Goolsbee on Monday said the U.S. central bank is currently in a "wait-and-see" mode and needs more clarity on the total economic impact of the Trump ...
Bloomberg L.P.13d
Fed’s Goolsbee Warns Against Overreliance on Productivity Gains
Federal Reserve Bank of Chicago President Austan Goolsbee lauded the recent increase in productivity growth, but warned that over-anticipating positive economic effects from it could put the ...
Bloomberg L.P.18d
Fed’s Goolsbee Plays Down Jump in Inflation Expectations
Federal Reserve Bank of Chicago President Austan Goolsbee downplayed a report released last week that showed an increase in consumers’ expectations for future inflation. The figure “wasn’t a ...
Forex Factory13d
Fed's Goolsbee: Inflation data is still higher than we'd like; still appear on a path back to 2% inflation
INFLATION DATA IS STILL HIGHER THAN WE'D LIKE - CNBC STILL APPEAR ON A PATH BACK TO 2% INFLATION Fed's Goolsbee: I am partly ...
US Restaurants Saw Productivity Jump After Covid on Takeout Boom
A shift to take-out orders helped US restaurants enjoy a 15% post-pandemic surge in productivity, which had remained largely ...
Newsday24d
Fed official: Need 'dust to clear' before deciding next moves
One of those officials, Austan Goolsbee, is president of the Fed’s Chicago branch. In an interview with The Associated Press, Goolsbee said in an interview on Feb. 7 that he expects inflation to ...
WTTW News17d
Chicago Fed President on Inflation, Tariffs and the Local Economy
Costs of everyday essentials like groceries and gas are steadily climbing while wages remain largely stagnant, which is particularly true in the Chicago area where the inflation rate is higher than ...
Boise State Public Radio19d
New data shows consumer sentiment about the economy is down
It is a sharp reversal from the post-election hopes that Donald Trump would bring household costs down. Austan Goolsbee is president of the Federal Reserve Bank of Chicago. He chaired President ...
Reuters17d
Fed needs more clarity before it can go back to cutting rates, says Goolsbee
Feb 24 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee on Monday said the U.S. central bank is currently in a "wait-and-see" mode and needs more clarity on the total economic ...