The [Federal Reserve] is not the bad guy. The Fed is the guardian of the galaxy,” Austan Goolsbee, the president of the ...

WASHINGTON, Dec 4 (Reuters) - The U.S. unemployment rate was unchanged around 4.4% in November, the Chicago Federal Reserve estimated on Thursday, while closely watched data from a private provider ...

Though the market has been betting on an interest rate cut this year, the path for the Fed may not be so clear. "[Three months ago] I was on the more optimistic side that we could have the tariff ...

Chicago Federal Reserve president Austan Goolsbee cautioned Wednesday that amid expectations for an AI-led boom, if massive business investment and consumer spending occur before actual higher ...

Goolsbee warns persistent inflation could delay rate cuts beyond 2026 Oil price shocks from Iran war raise inflation, complicating Fed's options Fed chair nominee Warsh was picked by Trump as a ...

Chicago Federal Reserve Bank president Austan Goolsbee said Tuesday he’s concerned that the oil shock from the Iran war could potentially drive up prices in a “stagflationary way.” Goolsbee stressed ...

Chicago Federal Reserve Bank CEO Austan Goolsbee talked inflation, job markets and advice for those facing job disruption ...

Article was revised at 9.50 AM ET to include additional comments by Austan Goolsbee on the recently announced $40B purchases in Treasury bills. Chicago Federal Reserve President Austan Goolsbee said ...

NEW YORK — The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since September, bringing its key rate to about 3.6%, the lowest in nearly three years.

Gadi Barlevy was selected to lead the Federal Reserve Bank of Chicago’s research division, the bank said in a statement ...

Chicago Federal Reserve President Austan Goolsbee signaled that persistent inflation shocks from energy markets will likely delay anticipated interest rate cuts in 2026, warning that the Fed faces a ...