Fed needs more clarity before it can go back to cutting rates, says Goolsbee
Chicago Federal Reserve Bank President Austan Goolsbee on Monday said the U.S. central bank is currently in a "wait-and-see" mode and needs more clarity on the total economic impact of the Trump ...
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Fed’s Goolsbee Warns Against Overreliance on Productivity Gains
(Bloomberg) -- Federal Reserve Bank of Chicago President Austan Goolsbee lauded the recent increase in productivity growth, but warned that over-anticipating positive economic effects from it could ...
Fed’s Goolsbee Plays Down Jump in Inflation Expectations
Federal Reserve Bank of Chicago President Austan Goolsbee downplayed a report released last week that showed an increase in consumers’ expectations for future inflation.
US Restaurants Saw Productivity Jump After Covid on Takeout Boom
A shift to take-out orders helped US restaurants enjoy a 15% post-pandemic surge in productivity, which had remained largely ...
Inflation still on the path back to 2%, keeping eye an on consumers, says Chicago Fed Pres. Goolsbee
Austan Goolsbee, Chicago Fed president, joins 'Closing Bell Overtime' to talk inflation data, the possibility of weak growth, ...
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Fed's Goolsbee says PCE inflation reading unlikely to be as 'sobering' as CPI
(Reuters) - Chicago Federal Reserve President Austan Goolsbee on Thursday said he does not expect the inflation reading the U.S. central bank uses to set its inflation target to be as "sobering ...
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US Fed will 'adapt' to any policy changes, Chicago's Goolsbee says
"The Fed's job is to monitor and adapt to the conditions, whatever they are," Chicago Fed President Austan Goolsbee told AFP in an interview, adding that the independent US central bank had made ...