Policymakers Must Not Look Through Supply Shocks, Fed's Goolsbee Says

Policymakers can no longer afford to look through supply shocks that have become a regular feature of the economy, Chicago Fed President Austan Goolsbee said Monday. Lately, supply shocks such as wars ...

Fed’s Goolsbee says inflation components matter just as much as the overall pace

Goolsbee says he’s watching both the details and the overall rate of inflation to guide monetary policy.

Fed's Goolsbee: Strong demand may be adding to US inflation, 'no ambiguity' how Fed would react

U.S. inflation may have moved beyond the tariff and energy prices shocks of the last 18 months and now being driven by strong ...
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Fed’s Austan Goolsbee says he is ‘attuned’ to elevated service-sector inflation – flags frequent supply shocks lately

Goolsbee highlighted evidence that AI data center construction is “spilling out of its own lane” and raising aggregate output beyond what the economy can absorb.

The Fed shouldn't 'look through' some supply shocks, Chicago Fed's Goolsbee says

"We seem to have entered a period where large supply shocks — from wars, tariffs, weather, supply chain disruptions, oil shocks, and so on — have become a regular feature of the economy," Goolsbee ...

Goolsbee: The Fed Can’t Keep Waiting Out Oil Shocks

For decades, the Federal Reserve's playbook for oil shocks has been to wait them out. Chicago Fed President Austan Goolsbee ...
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Fed’s Austan Goolsbee sees economic weakness, but not recession

Austan Goolsbee, president and CEO of the Federal Reserve Bank of Chicago, sees some weakness in the U.S. economy now and he's personally uneasy about the possibility of inflation heating up as ...

Fed's Goolsbee says strong demand may be adding to US inflation

US inflation may have moved beyond the tariff and energy prices shocks of the last 18 months and is now being driven by ...