Why the Chicago Fed president says AI won’t send unemployment to 15%
A somewhat reassuring tone amid a chorus of “AI is coming for your job” is coming from a…
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…
Fed’s Goolsbee says he’s worried about inflation in ‘fraught but intense’ climate
Chicago Federal Reserve President Austan Goolsbee said Monday that he’s more worried about inflation now than he is…
The 50 Most Powerful Chicagoans – Chicago Magazine
1 JB PritzkerIllinois governor Pritzker could soon become the state’s first three-term governor since Jim Thompson, but he…
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 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…
Outlook for Oct. 6-10, 2025
A relentless bull market could show some wear in coming weeks, with investors flying blind the longer the…
Fed’s Goolsbee says US jobs market steady, cautions against aggressive rate cuts, FT reports
(Reuters) -Federal Reserve Bank of Chicago President Austan Goolsbee said the U.S. jobs market remains “mostly steady and…
Tame US Job Growth Expected in Approach to Fed Meeting
Commuters on a SEPTA train platform at 30th Street Station in Philadelphia, Pennsylvania. (Bloomberg) — Employers in the…
Chicago Fed’s Goolsbee, Atlanta Fed’s Bostic see case for patience before cutting interest rates
Chicago Fed president Austan Goolsbee and Atlanta Fed president Raphael Bostic on Wednesday both said they’d prefer to…