The Latest Breaking News from Austan Goolsbee

U.S. Stock Futures Muted as Europe’s Turmoil Curbs Risk Appetite; Fed Minutes Awaited

December S&P 500 E-Mini futures (ESZ26) are down -0.04%, and December Nasdaq 100 E-Mini futures (NQZ26) are down -0.15% this morning as investors showed little appetite for risk at the start of a new week, with Europe’s political turmoil and fiscal strains firmly in focus.

Barchart · 11h ago

Goolsbee says steady jobs market keeps inflation as Fed priority

Chicago Fed President Austan Goolsbee said recent jobs data indicated a steady US labour market, while persistent inflation remains the bigger policy concern. He said the Fed’s options remain open and policymakers need stronger evidence that inflation is moving sustainably toward the 2% target before deciding rates.

The Economic Times · 13h ago

Fed rate hike 'not urgent', says John Williams; Austan Goolsbee warns against 'playing with fire'

Federal Reserve Bank of New York President John Williams stated there could be one more interest rate increase before year-end. He emphasized that the central bank is not in a hurry to act immediately as it awaits more economic data. Williams projected that inflation might end the year at approximately…

The Economic Times · Sep 29

Stocks and Bonds Climb as Slumping Crude Prices Ease Inflation Risks

The S&P 500 Index ($SPX ) (SPY ) is up by +0.93% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.97%. December E-mini S&P futures (ESZ26 ) are up +1.00%, and December E-mini...

Barchart · Sep 21

Fed official contradicts Warsh as he warns fighting inflation ‘is going to be painful’

Austan Goolsbee said in a speech in London that the Fed is facing a series of persistent supply shocks that have driven up inflation, including higher oil prices from the Iran war and tariffs

The Independent UK · Sep 21

Dollar Gains and Gold Falls on Hawkish Fed Comments

The dollar index (DXY00 ) is up by +0.16% today. The dollar is moving higher today on hawkish comments from Chicago Fed President Austan Goolsbee, who said the Fed may have to hike interest rates further to restore price stability. Dollar gains are limited by the -4% plunge in WTI...

Barchart · Sep 21

Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden

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 the debate reinforces the importance of Federal Reserve independence.

The Economic Times · Sep 21

Stocks Supported by Lower Crude Prices and Bond Yields

The S&P 500 Index ($SPX ) (SPY ) is up by +0.61% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.33%. December E-mini S&P futures (ESZ26 ) are up +0.70%, and December E-mini...

Barchart · Sep 21

Exclusive: Goolsbee says AI is 'not far' from overheating the economy

Everything you need to know before you reach the office this morning.

Fortune · Sep 2

Chicago Fed’s Austan Goolsbee wants to get back to ‘old-school’ economics: Focused on ordinary Americans, mindful of AI hype, and sharp on inflation

Exclusive: “If there were going to be something that shook the consumers, it would shake the economy,” president Goolsbee tells Fortune.

Fortune · Sep 2