Energy inflation has been more persistent than expected: Fed’s Goolsbee
Austan Goolsbee, president of the Federal Reserve Bank of Chicago, speaks during the 29th annual Milken Institute Global…
Recent inflation data was ‘bad news,’ Fed’s Goolsbee says
Austan Goolsbee, President and CEO, Federal Reserve Bank of Chicago speaks at The Capital Hilton during the 42nd…
Recent inflation data was ‘bad news,’ Fed’s Goolsbee says
By Howard Schneider WASHINGTON, May 2 (Reuters) – Inflation data last week was “bad news” for the U.S.…
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…