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Fed's Goolsbee is getting concerned about inflation risks

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Fed's Goolsbee is getting concerned about inflation risks

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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

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