Select Language

Fed's Goolsbee is getting concerned about inflation risks

Breaking news

Fed's Goolsbee is getting concerned about inflation risks

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.10.02 07:34
Fed's Goolsbee is getting concerned about inflation risks

update 2025.10.02 07:34

Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Wednesday that although he supports further moves to lower interest rates, he is getting concerned about ongoing inflation pressures, specifically claims about a "one time" inflation bump from tariffs.

Key highlights

Starting to get more concerned about inflation heading the wrong direction.
Counting on inflation being temporary makes me nervous.
During BLS downtime, we lack many indicators about inflation.
Anticipates tariff impacts will be temporary on inflation.


Date

Created

 : 2025.10.02

Update

Last updated

 : 2025.10.02

Related articles


    Show more

    FXStreet

    Financial media

    arrow
    FXStreet

    FXStreet is a forex information website, delivering market analysis and news articles 24/7.
    It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
    Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

    Was this article helpful?

    We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
    We are also looking for writers with extensive experience in forex and crypto to join us.

    please contact us at [email protected].

    Thank you for your feedback.
    Thank you for your feedback.

    Most viewed

    US to provide Ukraine with intelligence for long-range missile strikes on Russia -- WSJ

    The United States (US) will provide Ukraine with intelligence to support long-range missile strikes on Russian energy infrastructure, the Wall Street Journal (WSJ) reported on Wednesday. US President Donald Trump approved the move, and US officials are urging NATO allies to do the same.
    New
    update2025.10.02 09:31

    NZD/USD strengthens above 0.5800 amid US government shutdown fears

    The NZD/USD pair trades in positive territory for the second consecutive day around 0.5820 during the early Asian session on Thursday.
    New
    update2025.10.02 09:24

    When is the Australian Trade Data and how could it affect AUD/USD?

    The Australian Bureau of Statistics will publish its data for August on Thursday at 01.30 GMT. Trade surplus is expected to narrow to 6,500M MoM in August, compared to 7,310M in the previous reading.
    New
    update2025.10.02 08:30

    GBP/USD tests 1.35 as Cable tilts upward

    GBP/USD eased into a fourth straight bullish session, briefly tapping the 1.3500 handle before settling back to a sedate 0.27% gain for the day's market sessions.
    New
    update2025.10.02 08:20

    AUD/USD treads water ahead of Australian Trade Balance data

    AUD/USD took a breather on Wednesday, churning in place near 0.6620 after a three-day gain streak that saw the US Dollar (USD) rebound from a three-week low of 0.6520 against the Australian Dollar (AUD).
    New
    update2025.10.02 08:12

    USD/JPY extends the decline to near 147.00 as US government shutdown weighs on US Dollar

    The USD/JPY pair extends its downside to near 147.05 during the early Asian session on Thursday.
    New
    update2025.10.02 08:09

    GBP/JPY Price Forecast: Tumbles to weekly lows, eyes on 197.00

    The GBP/JPY registered three consecutive bearish days so far in the week and opens Thursday's Asian session near the current weekly low of 197.92. At the time of writing, the cross-pair trades at 198.19, virtually unchanged.
    New
    update2025.10.02 07:45

    Fed's Goolsbee is getting concerned about inflation risks

    Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Wednesday that although he supports further moves to lower interest rates, he is getting concerned about ongoing inflation pressures, specifically claims about a "one time" inflation bump from tariffs.
    New
    update2025.10.02 07:33

    EUR/USD holds steady as weak U.S. jobs data offsets shutdown risks

    EUR/USD is steady late during the North American session as investors digest a soft jobs report and shrugs off the shutdown of the US government. The lack of an agreement between the White House and Democrats would prolong the shutdown and delay US economic data releases.
    New
    update2025.10.02 07:05

    USD/CHF struggles to find momentum despite broad Dollar weakness

    USD/CHF continues to trudge its way through familiar technical territory, with price action holding stubbornly just south of the 0.8000 major handle.
    New
    update2025.10.02 05:47

    Disclaimer:arw

    All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

    The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

    • Facebook
    • Twitter
    • LINE

    Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

    I agree
    share
    Share
    Cancel