Goolsbee says inflation is stalled
Chicago Fed President Austan Goolsbee said inflation is going the wrong way and has stalled.
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Chicago Fed President Austan Goolsbee said inflation is going the wrong way and has stalled.
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
Chicago Fed President Austan Goolsbee said rapid AI data-center expansion is creating pressure on construction labor and equipment and could add to services inflation, raising overheating risks.