The Latest Breaking News from Austan Goolsbee

S&P Futures Tick Higher as Investors Await Key U.S. Jobs Report

June S&P 500 E-Mini futures (ESM24) are trending up +0.27% this morning as investors looked ahead to the release of crucial U.S. nonfarm payrolls data to gauge the timing of the Federal Reserve’s interest-rate cuts.

Barchart · Apr 5, 2024

Stocks Inch Higher After February's US Durable Goods Orders Released

Stocks are slightly up this morning as market participants reacted to February's US Durable Goods Report.

Barchart · Mar 26, 2024

Stock Index Futures Climb Ahead of U.S. Economic Data

June S&P 500 E-Mini futures (ESM24) are up +0.40%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.50% this morning as market participants geared up for a new round of U.S. economic data.

Barchart · Mar 26, 2024

Stock Market Today: Stocks Close Higher After CPI-Fueled Clobbering

The main indexes finished higher Wednesday, regaining some ground lost during Tuesday's selloff.

Kiplinger · Feb 14, 2024

Goolsbee: Progress on Inflation, Rate-Cut Forecast Aligned with Fed Median

In this exclusive analysis, former US Federal Reserve economist Austan Goolsbee acknowledges progress on inflation and discusses his rate-cut forecast, ali...

Top News · Jan 11, 2024

Stock Index Futures Tick Higher on Fed Rate Cut Hopes, U.S. Housing Data in Focus

March S&P 500 E-Mini futures (ESH24) are up +0.18%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.11% this morning as optimism about interest rate cuts from the U.S. Federal Reserve next year continued to underpin sentiment, with investors bracing for the release of fresh data on the U.S.…

Barchart · Dec 19, 2023

Stock Index Futures Tick Higher Ahead of U.S. Housing Data

March S&P 500 E-Mini futures (ESH24) are up +0.06%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.02% this morning as market participants geared up for the release of fresh data on the U.S. housing market.

Barchart · Dec 19, 2023

Fed is set to leave interest rates unchanged while facing speculation about eventual rate cuts

With inflation edging closer to the Federal Reserve’s 2% target, its policymakers are facing — and in some cases fueling — hopes that they will make a decisive shift in policy and cut interest rates next year, possibly as soon as spring

The Independent UK · Dec 11, 2023

US Fed Chair Jerome Powell Calls Rate Cut Speculation 'Premature'

It is still "premature" to speculate on when the US Federal Reserve will start cutting interest rates despite the bank's recent progress on inflation, Fed Chair Jerome Powell said Friday.

International Business Times · Dec 1, 2023

Chicago Fed prez Austan Goolsbee sees ‘golden path’ toward lower inflation without recession

The head of the Federal Reserve Bank of Chicago, says the economy appears headed to a “soft landing” in which inflation returns to the Fed’s 2% target without an economic crash.

Chicago Sun-Times · Nov 24, 2023