Chicago Fed CEO says tariff uncertainty could slow rate lowering
"I still think my ultimate where-we're-going-to-land is a fair bit below where we are today," Austan Goolsbee said at auto symposium in Detroit.
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.
“We’ve got to be more careful and prudent of how fast rates could come down” says Chicago Fed chief
Austan Goolsbee says the central bank is keenly monitoring how changing economic policy is influencing inflation and employment.
The Fed could itself in a policy Catch-22 if tariffs spike inflation and slow growth
Indeed, markets largely expect the Fed to hold tight for at least the next several months as policymakers observe the reality against the rhetoric on tariffs, along with looking for the impact from a full percentage point of interest rate cuts in the final four months of 2024.
Fed's Goolsbee warns of potential inflationary impact of tariffs
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 experience where supply chain disruptions drove up inflation.
Tariffs on China may have larger effect on inflation this time, Chicago Fed's Goolsbee says
The new round of tariffs on goods coming from China might have a larger impact on inflation this time, Chicago Fed President Austan Goolsbee said on Wednesday at the Annual Automotive Insights Symposium in Detroit.
Inside the Fed, fears increase that Trump tariffs would boost inflation
There’s a growing sense among some inside the Federal Reserve that President Donald Trump’s willingness to use tariffs as a ...
5Chicago Fed's Goolsbee Shifts From Dove To Hawk, Says Tariffs...
New trade tariffs and supply chain disruptions could force the Federal Reserve into a difficult position, policymaker says.
Fed officials are raising concerns about the impact Trump's tariffs could have on inflation
Federal Reserve officials take great pains not to comment on fiscal policy, but the looming threat from tariffs is forcing ...
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FED: Chicago's Goolsbee Hints That PPI Could Gain Importance For Fed Watchers
Chicago Fed Pres Goolsbee (dove, 2025 FOMC voter) repeats his characterization of the end-level of Fed rates in this cycle as "a fair bit lower" - and hints that PPI reports could gain greater ...
Fed officials say they won't be rushed amid the Trump tariff turmoil
Fed officials appear to have a unified message this week on the question of how they should react to President Donald Trump’s ...
Bank stocks pop after Fed releases ‘easier' 2025 stress test, plans to make exam more predictable
The stress test changes bolster the case made by Wall Street analysts that U.S. banks will face a friendlier regulatory ...
Gold price drops as traders await Nonfarm Payrolls
Gold price advance stalled on Thursday as United States (US) Treasury bond yields recovered, and the Greenback holds minimal ...
S&P 500 Steady as Investors Focus on Earnings; Fed Weighs Tariff Risks and Strong Labor Data
Investors shift focus to earnings as Fed officials weigh tariff risks. Strong U.S. labor data and stable rates keep markets ...
Bessent's focus on 10-year US Treasury yield may let Fed off the hook
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...