News

Chicago Fed National Activity Index goes back into negative territory in March
The Chicago Fed National Activity Index ("CFNAI")  fell -0.03 in March, reversing from +0.24 in February, which was revised ...
Why Trump’s call for the Fed to cut interest rates may not help consumers
President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, ...
Chicago Fed chief: Central bank must be independent of politics
Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.
Chicago Fed's Goolsbee says Fed independence is 'critically important' for its inflation fight
"When there is interference over the long run, it's going to mean higher inflation, it's going to mean worse growth and ...
Chicago Fed Chair Goolsbee Agrees With Bessent: 'Fed Independence Is A Jewel Box,' Awaits Tariff Revisit Before 'Jumping To Action'
Chicago Federal Reserve President Austan Goolsbee has underlined the need to wait for policy action on tariffs before jumping ...
Trump's Clash With Fed Chair Powell Over Interest Rates Could Backfire in the Mortgage Market
On Monday morning, Trump again lashed out at Powell on his Truth Social, calling the Fed chair "a major loser" and demanding ...
Stock market slumps as Trump renews criticism of Federal Reserve Chair Jerome Powell
The stock market tumbled Monday as Wall Street grapples with ongoing tariff uncertainty and President Trump's attacks on ...
Chicago Fed Research Director Will Lead Philadelphia Fed
Anna Paulson will get a turn voting on the Federal Reserve’s rate-setting committee next year.
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In Chicago, Fed chief warns that Trump’s tariffs likely to spur inflation
Donation Options Search Search Search Federal Reserve Chairman Jerome Powell spoke to the Economic Club of Chicago Wednesday. Manuel Martinez/WBEZ Share Federal Reserve Chairman Jerome Powell told ...
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Chicago Fed chief: Central bank must be independent of politics
Former President Trump has repeatedly criticized Federal Reserve Chair Jerome Powell, particularly regarding interest rates. Chicago Fed President Austan Goolsbee defended the Fed's independence ...