Goolsbee: Demand-Driven Inflation Would Require a More Aggressive Fed Response

Goolsbee: Demand-driven inflation would require a more aggressive Fed response

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Fed’s Goolsbee Says Road to 2% Inflation May Not Be Painless

Federal Reserve Bank of Chicago President Austan Goolsbee warned the central bank cannot ignore repeated and persistent supply shocks, and must respond in a way that may cause economic hardship.

Fed's Goolsbee: Strong demand may be adding to US inflation, 'no ambiguity' how Fed would react

U.S. inflation may have moved beyond the tariff ‌and energy prices shocks of the last 18 months and now being driven by strong demand as well, Chicago Fed president Austan Goolsbee said on Sunday, leaving "no ambiguity" about the need for higher interest rates if that proves to ​be the case.

Federal Reserve's Goolsbee warns of need for aggressive rate action as inflation sticks at 3.7%

Chicago Fed President Goolsbee warns the Fed may need aggressive rate hikes as US inflation remains at 3.7%, with the 2% target pushed to 2027.

Federal Reserve’s Goolsbee warns of need for aggressive rate action as inflation sticks at 3.7%

Aggressive rate hikes could slow economic growth and increase unemployment, complicating the path to stable inflation and economic recovery. The post Federal Reserve’s Goolsbee warns of need for aggressive rate action as inflation sticks at 3.7% appeared first on Crypto Briefing .