Chicago Federal Reserve President Austan Goolsbee said Wednesday the Bank of Japan faces the risk of being too late in raising intere ...

The [Federal Reserve] is not the bad guy. The Fed is the guardian of the galaxy,” Austan Goolsbee, the president of the ...

Goolsbee warns persistent inflation could delay rate cuts beyond 2026 Oil price shocks from Iran war raise inflation, complicating Fed's options Fed chair nominee Warsh was picked by Trump as a ...

Discover how the Federal Reserve System stabilizes the U.S. economy, controls monetary policy, and regulates financial institutions across 12 districts.

April Chicago Fed National Activity Index: 0.14 vs. -0.15 in March (revised from -0.20) and -0.10 consensus, the Federal ...

Chicago Federal Reserve president Austan Goolsbee cautioned Wednesday that amid expectations for an AI-led boom, if massive business investment and consumer spending occur before actual higher ...

Though the market has been betting on an interest rate cut this year, the path for the Fed may not be so clear. "[Three months ago] I was on the more optimistic side that we could have the tariff ...

Energy inflation tied to the war in Iran has lasted longer than expected, creating a “stagflationary shock” for Asian ...

WASHINGTON, Dec 4 (Reuters) - The U.S. unemployment rate was unchanged around 4.4% in November, the Chicago Federal Reserve estimated on Thursday, while closely watched data from a private provider ...

Chicago Federal Reserve Bank CEO Austan Goolsbee talked inflation, job markets and advice for those facing job disruption ...

NEW YORK — The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since September, bringing its key rate to about 3.6%, the lowest in nearly three years.

Gadi Barlevy was selected to lead the Federal Reserve Bank of Chicago’s research division, the bank said in a statement ...