News

Chicago Fed National Activity Index goes back into negative territory in March
The Chicago Fed National Activity Index ("CFNAI")  fell -0.03 in March, reversing from +0.24 in February, which was revised ...
Chicago Fed chief: Central bank must be independent of politics
Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.
Chicago Fed's Goolsbee says Fed independence is ‘critically important' for its inflation fight
When there is interference over the long run, it’s going to mean higher inflation, it’s going to mean worse growth and higher ...
Chicago Fed president Austan Goolsbee says a move by Trump to terminate Jerome Powell would ‘undermine the credibility of the Fed’
President Donald Trump said this week Fed Chair Jerome Powell’s “termination cannot come fast enough.” That’s led to a debate ...
Trump took on Powell. The Fed won this round.
President Trump now says he has “no intention” of of firing Federal Reserve Chair Jerome Powell. The markets are just fine ...
Why Trump’s call for the Fed to cut interest rates may not help consumers
President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, ...
Chicago Fed Chair Goolsbee Agrees With Bessent: 'Fed Independence Is A Jewel Box,' Awaits Tariff Revisit Before 'Jumping To Action'
Chicago Federal Reserve President Austan Goolsbee has underlined the need to wait for policy action on tariffs before jumping ...
Stock market slumps as Trump renews criticism of Federal Reserve Chair Jerome Powell
The stock market tumbled Monday as Wall Street grapples with ongoing tariff uncertainty and President Trump's attacks on ...
Crain's Chicago Business4d
Fed's Goolsbee warns against curbing central bank independence
Federal Reserve Bank of Chicago President Austan Goolsbee warned against efforts to curtail the central bank’s independence, ...
Yahoo News Singapore6d
Chicago Fed chief: Central bank must be independent of politics
The interviewer then asked Austan Goolsbee, president of the Federal Reserve Bank of Chicago, if such statements undermine the Fed’s role as an apolitical institution. “I strongly hope that we do not ...