Jobs News Chicago Fed S Goolsbee Says Jobs Data Weak But Not Necessarily Recessionary

Chicago Fed president on the economy’s mixed signals

Inflation is showing fresh signs of cooling, ticking up 2.7% year-over-year, lower than many economists had expected. It follows the release of a delayed jobs report that showed weak growth and the ... Read More

Fed's Goolsbee says rates ‘could come down’ if economy stays on ‘golden path’

The Fed's Austan Goolsbee signaled more rate cuts are possible if inflation trends continue improving, calling November's CPI data encouraging for policymakers. Read More

Fed's Goolsbee in Fox Business interview welcomes latest inflation data, says more rate cuts may loom

Federal Reserve Bank of Chicago President Austan Goolsbee said on Thursday “there’s a lot to like” in the latest consumer price index data, and if it can be sustained, it will help open the door for ... Read More

Chicago Fed's Goolsbee says inflation 'not great', labor is generally stable

"The inflation rate has not been great," Chicago Fed President Austan Goolsbee said on Friday at the bank's Annual Economic Outlook Symposium. While he doesn't consider himself to be a "hawk," he ... Read More

Delayed jobs report ‘definitely complicates’ rate cut decision, Chicago Fed president says

Job growth was better than expected in September with the best job gains since April, according to the delayed government report. But key data is still missing, and questions remain about the strength ... Read More

Fed's Goolsbee uneasy about rate cuts, says nothing wrong with dissenting

Goolsbee uneasy about front-loading rate cuts amid inflation concerns Some Fed policymakers support further policy easing because of labor market concerns Goolsbee supports consensus-building but open ... Read More

Fed faces another tough rate decision with inflation, job data delay

The Federal Reserve will have to go without up-to-date government inflation and jobs data when it decides next month whether to lower interest rates for a third consecutive time. The Bureau of Labor ... Read More

Chicago Fed's Goolsbee: Waiting for more economic data before lowering rates would have been prudent

Chicago Federal Reserve President Austan Goolsbee said on Friday that a more prudent course would have been to wait for more data before lowering rates further. Read More

Fed's Goolsbee Repeats He Is Uneasy on Rate Cuts

(Reuters) -Chicago Federal Reserve President Austan Goolsbee repeated on Thursday he is "uneasy" about frontloading interest-rate cuts, particularly with progress on inflation towards the Fed's 2% ... Read More