-
Fed’s Goolsbee sees ‘note of unease’ as central bank looks to next interest rate move
Chicago Federal Reserve President Austan Goolsbee said Friday a mixed bag of inflation data this week coupled with lingering uncertainty over tariffs have given him some hesitation about lowering interest rates. Previously, Goolsbee has spoken of a “golden path” that would combine moderating inflation and a stable labor market and lead to lower rates. But in a CNBC interview Goolsbee said he still wants to see some more convincing data before the Federal Open Market Committee meets on Sept. 16-17. Goolsbee is one of 12 FOMC voters this year. Reports this week on consumer and producer prices “put in a note of ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
Wall Street veteran David Zervos added his name Thursday to the list of potential Federal Reserve chairs who think the central bank is past due in approving an interest rate reduction. The chief market strategist at Jefferies told CNBC that central bankers shouldn’t be daunted by the July producer price index showing pipeline inflation pressures hotter than ...
China’s Central Bank Will Continue Managing Interest and Exchange Rates Carefully to Maintain Stability China's Central Bank Announces Plan To Maintain Prices At Reasonable Levels PBOC Aims to Build a Friendly Financial Environment People's Bank of China to enhance the enforcement of interest rate policies to potentially stabilize financial systems and support economic growth. China’s Central Bank Says It Will Support Prices To Recover Reasonably China’s Central Bank Will Fully Enforce Slightly Eased Money Policies
From brecorder.com | Aug 15, 2025
Gold prices gained on Friday, helped by a pullback in the dollar, although bullion was headed for a weekly fall as hotter-than-expected US inflation data dented expectations for a super-sized 50-basis-point (bps) Federal Reserve rate cut. Spot gold rose 0.4% to $3,348 per ounce as of 0506 GMT. Bullion has lost 1.5% for the week. US gold futures for December ...
