The probability that the Federal Reserve will move to raise rates again at the October FOMC meeting has surged to roughly 70%. September's ...

Chicago Fed President Goolsbee warns tariffs, oil prices, and COVID aftershocks are causing persistent inflation, signaling more rate hikes may ...

Federal Reserve Bank of Chicago President Austan Goolsbee believes the US central bank may need to treat the current energy shock as a source of persistent inflation rather than expect it to dissipate ...

Chicago Fed President Austan Goolsbee said persistent supply shocks leave the central bank little choice but to raise rates and reduce employment ...

The US dollar strengthened to kick off the trading week as investors continue to bet that the Federal Reserve will do more ...

A top Federal Reserve official said Monday that the renewal of combat in the Middle East in August was a key reason she supported raising borrowing costs last week, when she also penciled in a second ...

Federal Reserve Bank of Chicago President Austan Goolsbee warned the central bank cannot ignore repeated and persistent ...

Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation and raise borrowing costs. He said ...

As the Federal Reserve’s interest rate decisions for the remainder of 2026 are closely watched, Chicago Fed President Austan ...

Chicago Fed President Austan Goolsbee said he is monitoring not just at how fast inflation is cooling down, but also how specific components are behaving.

Suggestions that the Federal Reserve could lower borrowing costs to help the US government finance its current debt and deficits are the very reason ...