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  1. 1 day ago · Appearing on Bloomberg TV, the Federal Reserve Bank of Chicago President Austan Goolsbee said there’s no evidence that inflation is stalling out at 3%. “2023 was a fabulous year for the dual mandate of the Fed — inflation fell by as much as it has ever fallen, and it occurred without a big recession,” Goolsbee said.

  2. 4 days ago · May 10, 2024 03:12 PM 21 hours ago. Federal Reserve Bank of Chicago President Austan Goolsbee said he doesn’t think inflation is stuck above the central bank’s target despite recent data ...

  3. 10 hours ago · Last month, Chicago Fed President Austan Goolsbee said that the persistence of outsized price increases in the housing sector was the largest impediment to the central bank’s effort to bring ...

  4. 14 hours ago · FILE - Federal Reserve Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, May 1, 2024. The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year.

  5. 5 days ago · Bianchi, Francesco, Jonas D. M. Fisher, and Leonardo Melosi, 2021, “Some inflation scenarios for the American Rescue Plan Act of 2021,” Chicago Fed Letter, Federal Reserve Bank of Chicago, No. 453, April. Crossref. Federal Open Market Committee, 2021a, “Federal Reserve issues FOMC statement,” press release, Washington, DC, April 28 ...

  6. 3 days ago · As anticipation for signals around rate cuts intensifies, so has the debate around how the Federal Reserve communicates with the public. Watch 24/7 free news online with NBC 5 Chicago’s stream

  7. 4 days ago · A report by the Federal Reserve Bank of Chicago says farmland values continued to increase during the first quarter of the year. Policy advisor David Oppedahl says the rate of growth has slowed. “Farmland values for our district grew from a year ago by just 4%, which was the lowest in 16 quarters,” he said. “We’re seeing things kind of ...

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