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Chicago Fed president explains “the hardest thing that a central bank has to do”

by Kai Ryssdal and Sarah Leeson
Oct 10, 2024
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."
"I'm in the data dogs. And the thing about the data dogs [is that they] don't respond to one month," says Austan Goolsbee about the importance of taking the long view before making decisions.
Chip Somodevilla/Getty Images
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COVID-19

Fed Chair Powell to report to Congress on the COVID-19 economy

by Nancy Marshall-Genzer
Jun 16, 2020
He's expected to elaborate on his pessimistic forecast that millions of people who have lost their jobs during the pandemic may not get them back.
Federal Reserve Chair Jerome Powell
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Can Trump fire Fed Chair Jerome Powell?

by Adriene Hill , Janet Nguyen and Daisy Palacios
Dec 24, 2018
The president isn’t happy with the Federal Reserve’s interest rate hikes.
President Donald Trump looks on as his nominee for the chairman of the Federal Reserve, Jerome Powell, speaks during a press event at the White House last year.
Drew Angerer/Getty Images
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