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"Has there ever been a bigger gap" between economic mood and actual numbers? Chicago Fed president asks

Nov 28, 2023
Chicago Fed's Austan Goolsbee on the consumer sentiment disconnect, and what happens if interest rates stay high for too long.
Austan Goolsbee, president of the Federal Reserve Bank of Chicago.
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Fed is nearing a point when it is not a matter of raising rates, but how long to keep them high, says Chicago Fed CEO Austan Goolsbee

Sep 7, 2023
There is growing confidence that the Fed can pull off lowering inflation without a recession, said Chicago Fed CEO Austan Goolsbee.
"There's a growing confidence that we can pull off" a soft landing, says Chicago Fed chief Austan Goolsbee. "The only thing I want to caution you is that it's not a guarantee."
Mark Wilson/Getty Images