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Chicago Fed's Austan Goolsbee says rising producer prices and sticky services inflation raise concerns about tariff-driven ...
Chicago Fed President Austan Goolsbee isn't mincing words he says tariffs are a stagflationary shock that can push prices higher while slowing growth, a nasty combo that makes the Fed's ...
It’s been a little mixed,” Goolsbee said Friday, referring to recent inflation data in an interview on CNBC. “I feel like we still need another one, at least, to figure out if we’re if we’re still on ...
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Inflation Is Back, Time to Worry

While the Consumer Price Index (CPI) was up only 2.7% year over year in July, a more important measure rose much higher. The ...
Gold prices slipped as hotter-than-expected U.S. inflation data rattled markets, cutting bets on a bigger Fed rate cut next ...
The 30- year fixed-rate mortgage averaged 6.66% in the week ending Aug. 14, down four basis points from the previous week. While growing inflation should theoretically make the Federal Reserve less ...