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, ...
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 ...
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Goolsbee says Fed 'may be on hold' for now but sees rates going lower in next 12-18 months
Chicago Federal Reserve president Austan Goolsbee told Yahoo Finance Friday that the central bank "may be on hold" for now, but he still sees interest rates moving lower over the "next 12-18 months." ...
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.
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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 ...