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Chicago Fed's Austan Goolsbee says rising producer prices and sticky services inflation raise concerns about tariff-driven ...
Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market ...
Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a September rate cut.
Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...
The CPI showed inflation holding steady at 2.7%. However, the PPI showed inflation for the year ending in July jumping a whole percentage point to 3%.
Sticky inflation be damned. Investors expect the Federal Reserve to cut interest rates by a quarter of a percentage point in ...
"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...
At the start of the month, a significantly weaker than expected July nonfarm payrolls report along with one of the biggest ...
Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...
Inflation remained stubbornly high in June, according to data released by the Commerce Department on Thursday, as President ...
A jump in wholesale prices is likely to bolster concerns among Federal Reserve policymakers that rising inflation remains a ...
Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation ...