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 ...
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 ...
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, ...
Trump again asks Fed's Powell to lower rates, calling him a 'major loser'
President Trump again called on Jerome Powell to cut interest rates after threatening to oust the Federal Reserve chairman ...
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 ...
Fed Chair Powell gives starkest warning yet on potential economic consequences from tariffs
President Donald Trump’s significant policy changes, including on tariffs, are unlike anything seen in modern history, ...
Public Broadcasting Service (PBS)7d
Chicago Fed president on Trump’s trade war and threats to fire Powell
President Trump took aim at Jerome Powell, calling interest rates cuts and saying the Fed Chair's termination “cannot come ...
Trump tariffs could lead to a summer drop-off in economic activity after an ‘artificially high' start, Chicago Fed chief says
Chicago Fed president Austan Goolsbee forecasts a potential short-term economic bump from President Trump’s tariffs, followed ...
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.
Columbus Dispatch5d
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 ...