Tariffs Could Derail the Fed’s Inflation Progress: Chicago Fed President Goolsbee
Trade wars could lead to supply-chain disruptions and an inflation spike similar to the early pandemic, Austan Goolsbee said.
Fed President Goolsbee: Supply chains are more fragile in the short-run
Jordan Bass, CEO and co-founder of Hop Wtr, reduced his salary to $1 following the tragic fires in Los Angeles, California, in January. Bass told FOX Business that he encourages other CEOs of brands ...
Fed’s Goolsbee Sees Uncertainty Driving Shallower Rate-Cut Path
Federal Reserve Bank of Chicago President Austan Goolsbee said that while fiscal policy uncertainty may lead to fewer rate cuts, he still sees some reductions over the next 18 months.
Reuters9d
Goolsbee: Fed in solid place for eventual cuts though uncertainty means a slower approach
Chicago Fed President Austan Goolsbee said on Thursday. "We have kind of settled in at full employment. Inflation...is looking better...If conditions keep like that rates will be lower than they ...
Tariffs on China may have larger effect on inflation this time, Chicago Fed's Goolsbee says
Since 2018, companies have shifted the easier-to-substitute supplies out of China. That means products that are still coming from China "might be the least substitutable goods," Chicago Fed President ...
The Gazette10d
Fed's Goolsbee warns of potential inflationary impact of tariffs
FILE PHOTO: Chicago Fed President Austan Goolsbee reacts as he heads into the Kansas City Fed's annual economic symposium in Jackson Hole, Wyoming, U.S., August 24, 2023. REUTERS/Ann Saphir/File Photo ...
Goolsbee: Fed in Solid Place for Eventual Cuts Though Uncertainty Means a Slower Approach
Ahead of key jobs data to be released on Friday, Goolsbee said he was increasingly confident that the U.S. economy had "settled in" at around full employment, with less risk that tight Fed monetary ...
The Star10d
Goolsbee says Trump policies likely to slow Fed’s rate cutting pace
CHICAGO: Federal Reserve (Fed) Bank of Chicago president Austan Goolsbee says the central bank should proceed more cautiously in lowering borrowing costs amid mounting uncertainty introduced by ...
U.S. News & World Report10d
Fed's Goolsbee Warns of Potential Inflationary Impact of Tariffs
(Reuters) - Chicago Federal Reserve President Austan Goolsbee warned on Wednesday that ignoring the potential inflationary impact of tariffs would be a mistake, citing the COVID-19 pandemic ...
NBC Chicago10d
Fed officials are raising concerns about the impact Trump's tariffs could have on inflation
Chicago Fed President Austan Goolsbee cited a number of supply chain threats that include "large tariffs and the potential for an escalating trade war." Economists generally see tariffs as having ...
Investopedia on MSN9d
Could Tariffs Spark Covid-Like Inflation? One Fed Official Is Wary
Austan Goolsbee, president of the Federal Reserve Bank of Chicago, spoke at an auto industry symposium Wednesday afternoon.