federal reserve bank of chicago

How consumers feel about the economy used to line up with how they spent. These days, not so much.

Austan Goolsbee, president of the Chicago Fed, says Chair Warsh’s new policy to cut back on forward guidance could prevent dings to Fed credibility.

Austan Goolsbee says the central bank is keenly monitoring how changing economic policy is influencing inflation and employment.

Austan Goolsbee talks about the Fed’s timing in moments of transition, if COVID is still affecting the economy, and why he’s a “data dog.”

Chicago Fed’s Austan Goolsbee on the consumer sentiment disconnect, and what happens if interest rates stay high for too long.

There is growing confidence that the Fed can pull off lowering inflation without a recession, said Chicago Fed CEO Austan Goolsbee.