News

Tariffs are a 'stagflationary shock,' Chicago Fed's Goolsbee said
A tariff is a "stagflationary shock," which means it hurts both sides of the Federal Reserve's dual mandate of price ...
Reuters14d
Fed's Goolsbee: Hard data shows economy is solid, but there is fear around tariffs
Goolsbee: the fear is that tariffs could renew inflation or slow economy Trump to announce new tariffs on Wednesday Fed is in wait-and-see mode on interest rates April 1 (Reuters) - Chicago ...
AOL25d
Chicago Fed's Austan Goolsbee sees rate cuts depending on inflation progress
Chicago Federal Reserve President Austan Goolsbee said Friday he still sees interest rate cuts in the cards though risks are rising to that outlook. Speaking two days after he and his colleagues ...
NBC Chicago1mon
Federal Reserve is likely to hold interest rates steady next week. But some consumer loans are getting cheaper
The Federal Reserve is expected to hold interest rates ... We'll catch you up on the Chicago news you need to know. Sign up for the weekly Chicago Catch-Up newsletter. But even with the ...
Chicago Tribune26d
Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged
WASHINGTON — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying stubbornly ...