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"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...
Chicago Fed's Austan Goolsbee says rising producer prices and sticky services inflation raise concerns about tariff-driven ...
Fed officials also disagree on how tariffs will affect inflation going forward. Many increasingly believe the duties will ...
Inflation has gone from creeping upward to surging, but investors are betting the effects of tariffs will be transitory.
Sticky inflation be damned. Investors expect the Federal Reserve to cut interest rates by a quarter of a percentage point in ...
Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation data amid President Trump’s trade war. The 3.3 percent yearly increase — ...
Someone has to pay the cost of higher U.S. tariffs — and part of the cost finally appears to be falling on consumers. A key ...
Both did not commit to how they would vote on interest rates. However, they praised Trump's pro-growth agenda.