Chicago Fed's Goolsbee Warns of Successive Inflationary Shocks
Chicago Federal Reserve President Austan Goolsbee has issued a warning about the potential for successive inflationary shocks impacting the economy.
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Chicago Federal Reserve President Austan Goolsbee has issued a warning about the potential for successive inflationary shocks impacting the economy.

Austan Goolsbee, President of the Federal Reserve Bank of Chicago, has publicly lauded Jerome Powell, calling him a 'First Ballot Hall of Fame Fed Chair'.

Federal Reserve official Austan Goolsbee stated in a CNBC interview that he is worried about inflation, now considering it the greater risk, and is closely watching expectations, with his comments seen as the latest evidence of a shifting monetary-policy outlook away from rate cuts.
Federal Reserve official Austan Goolsbee has highlighted the critical importance of central bank independence.