Even while the Fed left its benchmark rate unchanged, many consumer rates have fluctuated over the first half of the year.

Chicago Fed President Austan Goolsbee joins WSJ’s Take On the Week to discuss the economy, inflation, tariffs and AI. Goolsbee shares the Federal Reserve's approach to monetary policy and a "golden ...

New tariffs unveiled by President Trump have further muddied the inflation outlook, Chicago Fed President Austan Goolsbee said, making it more difficult for him to support the rate cuts that the ...

A judge on Monday questioned whether a lawsuit seeking to force the Federal Reserve to open to the public a meeting on ...

The latest round of tariff threats from President Trump could spark fresh concerns about inflation, which might force the Federal Reserve to maintain its wait-and-see posture on interest-rate cuts, sa ...

The Chicago Fed National Activity Index for June was released today, revealing a figure that aligns perfectly with expectations. The index ...

Chicago Fed president explains “the hardest thing that a central bank has to do” Austan Goolsbee talks about the Fed’s timing in moments of transition, if COVID is still affecting the ...

Chicago Fed president still sees inflation on ‘golden path’ to 2%, but housing costs need to come down before rates cut Share this: Click to share on Facebook (Opens in new window) Facebook ...

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.

Austan D. Goolsbee, president of the Chicago Fed, said there was still a risk of higher consumer prices and slower growth amid elevated uncertainty about the White House’s trade policy.

In July, the Federal Reserve raised interest rates for the 11th time in 16 months, a 0.25% hike that boosted the benchmark rate to a range of 5.25% to 5.5%, up from near zero.

The Chicago Federal Reserve Bank's board of directors has begun a search for a new bank president to succeed Charles Evans, who reaches the mandatory retirement age next January, and on Thursday ...