Fed Reserve Bank CEO analyzes economic fallout of US blockade of Strait of Hormuz
Austan Goolsbee, Chicago Federal Reserve Bank CEO, analyzes the economic impact of the US blockade of the Hormuz…
Gold steady as Trump’s Iran deadline keeps markets cautious
Gold prices steadied Tuesday as investors eyed a deadline set by U.S. President Donald Trump for reopening the…
The Fed’s next move may not be a cut as inflation and gas prices squeeze consumers
WASHINGTON (AP) — A top Federal Reserve official said Monday that an interest rate hike could be appropriate…
Chances of a Federal Reserve rate cut fade as inflation worsens
WASHINGTON (AP) — The jump in gas prices stemming from the war in Iran has had another impact…
How many rate cuts? Iran war upends Federal Reserve’s next steps
WASHINGTON (AP) — The Iran war has scrambled the Federal Reserve’s outlook on inflation and unemployment and will…
Federal Reserve cuts interest rates by 0.25%, Powell warns there’s ‘no risk-free path’
At the Fed’s press conference, Fed Chair Jerome Powell acknowledged that many consumers are struggling with higher inflation.…
Federal Reserve cuts key rate, sees healthier economy next year
WASHINGTON (AP) — The Federal Reserve reduced its key interest rate by a quarter-point for the third time…
December interest rate cut was a close call for some Fed officials, minutes show
WASHINGTON (AP) — Some Federal Reserve officials who supported cutting a key interest rate earlier this month could…
Federal Reserve cuts interest rates by 0.25%, Powell says there’s ‘no risk-free path’
Markets reacted positively after the Fed cut interest rates by a quarter point on Wednesday. And part of…
Stocks slide as investors weigh data, interest rate cuts
Data showing US private sector has fallen to a 14-year low dampened sentiment but increased expectations of an…
Goolsbee sees ‘note of unease’ as Fed looks to next interest rate move
Chicago Federal Reserve President Austan Goolsbee said Friday a mixed bag of inflation data this week coupled with…
Goolsbee Raises Concerns on Tariff Announcements Impacting Inflation – News and Statistics
Jul 19, 2025 Chicago Federal Reserve Bank President Austan Goolsbee expressed concerns over the ongoing “drip drip” of…