Fed’s Goolsbee Says September CPI Data Was Discouraging
Chicago Fed President Austan Goolsbee said the September CPI data showed higher-than-expected price pressures and left him worried about inflation.
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Fed’s Goolsbee Calls CPI Data ‘Discouraging,’ Flags Services Inflation
Goolsbee said services inflation was a concern and urged focus on the inflation trend rather than one report. He said contacts report cost and price pressures but not worries about recession, and hopes energy inflation will fade soon.
Fed's Goolsbee Says CPI Data Was 'Discouraging'
Goolsbee said service inflation was a concern and emphasized focusing on the inflation trend rather than one report. He said contacts reported cost and price pressures, but not recession worries.