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Benzinga
Benzinga
Business
Piero Cingari

Fed's Goolsbee Shows Anxiety As Inflation Hits Non-Tariff Items

Austan Goolsbee Inflation Chicago Fed US Federal Reserve
2026 COLA Forecast Ranges From 2.4% To 2.7% Amid Rising Inflation Concerns

A spike in producer prices introduced a "note of unease" into the Federal Reserve's outlook, according to Chicago Fed President Austan Goolsbee.

The inflation surprise was concentrated in areas unlikely to be affected by tariffs.

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