Chicago Fed's Goolsbee Watching For Progress On Inflation Before Cutting Rates Further
Chicago Fed president Austan Goolsbee said Tuesday he’s focused on bringing inflation back down before cutting interest rates any further.
Chicago Fed president Austan Goolsbee said Tuesday he’s focused on bringing inflation back down before cutting interest rates any further.
President Trump is imposing 15% global duties for 150 days following the Supreme Court decision on Feb. 20 that struck down his 'blanket' tariffs.
Heavyweight of Japan’s ruling Liberal Democratic Party called US tariffs “a real mess” after Trump hiked levies in response to Supreme Court decision.
An effort launched by the Trump administration to improve home borrowing costs is not coming to much so far per Fed meeting minutes.
Fed officials appeared surprisingly wary of cutting interest rates when they met last month, with several suggesting the possible need to raise rates.
White House economic advisor Kevin Hassett said Wednesday that the authors of a NY Fed paper should be "disciplined".
Federal Reserve governor Michael Barr said Tuesday that the boom in artificial intelligence "is unlikely to be a reason for lowering policy rates.