News

The bar for rate moves in any direction is higher, Chicago Fed's Goolsbee says
Chicago Fed President Austan Goolsbee has set a higher bar for rate moves "in any direction" until more clarity emerges ...
Chicago Fed National Activity Index reverses to negative territory in April
The Chicago Fed National Activity Index ("CFNAI") fell to -0.25 in April, reversing from +0.03 in the prior month, which was ...
Chicago Fed's Austan Goolsbee: Tariffs could put Fed in a bind
Chicago Fed President Austan Goolsbee sat for another interview on CNBC on Friday, where he was asked about President Trump's latest tariff threats. Having recently met with a number of business ...
Fed’s Goolsbee says it’s ‘not realistic’ to expect business or central banks to make major decisions
Despite all the tumult in the markets, the underlying data—which comes in with a lag—suggests the economy is still faring ...
U.S. Economic Growth Slowed in Turbulent April, Chicago Fed Index Shows
Economic growth in the U.S. slowed in April, according to a monthly index Thursday, a likely byproduct of increased market uncertainty from the Trump administration’s trade policy launched at the ...
Fed's Powell cautions about higher long-term rates as ‘supply shocks' provide policy challenges
Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.
Before resuming interest rate cuts, Fed official seeks 'a lot' more good inflation reports
Chicago Fed chief Austan Goolsbee called the April inflation report 'comforting' but said he needs to see several more as ...
Supreme Court ruling protects Fed officials from Trump firings
The US Supreme Court ruled that certain Federal Reserve officials have protections from being fired by the Trump administration, outlined while justices presided over a case challenging federal ...
Fed holds interest rates steady, but tariffs remain a ‘notable headwind to economic growth,' analyst says
The rate has stayed above 4% for more than two years as the Fed has aimed to lower inflation by keeping borrowing costs high.
Brownfield Ag News19h
Ag credit deterioration concerning
A policy advisor at the Federal Reserve Bank of Chicago says there are concerns over the amount of credit deterioration occurring in the ag sector. David Oppedahl says low commodity prices and high ...
Trump calls Fed chair a "fool" for keeping interest rates steady
President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May ...