{"id":28071,"date":"2025-06-30T20:59:10","date_gmt":"2025-06-30T20:59:10","guid":{"rendered":"https:\/\/www.europesays.com\/us\/28071\/"},"modified":"2025-06-30T20:59:10","modified_gmt":"2025-06-30T20:59:10","slug":"feds-goolsbee-sees-no-stagflation-but-definitely-things-could-get-worse","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/28071\/","title":{"rendered":"Fed&#8217;s Goolsbee sees no stagflation but &#8216;definitely&#8217; things could get worse"},"content":{"rendered":"\n<p class=\"yf-1090901\">(Reuters) -Chicago Federal Reserve Bank President Austan Goolsbee on Monday said that with unemployment near 4% and inflation around 2.5% and falling, he sees no possibility that tariffs or another supply-side shock could in the near term cause actual 1970s-style stagflation, when the unemployment was double today&#8217;s rate and inflation was above 13%.<\/p>\n<p class=\"yf-1090901\">&#8220;But there&#8217;s definitely the possibility of both things getting worse at the same time,&#8221; Goolsbee said at the Aspen Ideas Festival in Aspen, Colorado, referring to unemployment and inflation. &#8220;And there you usually say, well, how long is each side&#8217;s discrepancy going to last? Do you think it&#8217;s temporary or do you think it&#8217;s permanent? And how big is each side&#8230;that&#8217;s the way I think about it.&#8221; He did not give a forecast for those variables.<\/p>\n<p class=\"yf-1090901\">(Reporting by Ann Saphir)<\/p>\n","protected":false},"excerpt":{"rendered":"(Reuters) -Chicago Federal Reserve Bank President Austan Goolsbee on Monday said that with unemployment near 4% and inflation&hellip;\n","protected":false},"author":3,"featured_media":28072,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[10852,64,24241,79,266,6233,766,67,132,68],"class_list":{"0":"post-28071","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-austan-goolsbee","9":"tag-business","10":"tag-chicago-federal-reserve-bank","11":"tag-economy","12":"tag-inflation","13":"tag-stagflation","14":"tag-unemployment","15":"tag-united-states","16":"tag-unitedstates","17":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114774328301547143","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/28071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=28071"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/28071\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/28072"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=28071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=28071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=28071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}