Chicago Fed President warns productivity gains from AI may not prevent inflation pressures requiring monetary policy vigilance. Chicago Federal Reserve President Austan Goolsbee acknowledged that widespread AI adoption could boost productivity, calling it a 'lovely' outcom
Fed’s Goolsbee: Productivity's impact on inflation and interest rates could go in either direction Austan Goolsbee, President of the Federal Reserve (Fed) Bank of Chicago, spoke at the 2026 Milken Institute Global Conference in California, United States, on Wednesday. He s
Austan Goolsbee, President of the Federal Reserve (Fed) Bank of Chicago, spoke at the 2026 Milken Institute Global Conference in California on Wednesday. He stated that the impact of rising productivity on inflation remains an active topic of debate among the Fed
Chicago Fed Pres. Goolsbee is speaking and says: Impact of rising productivity on inflation remains active topic of debate Activities impact on inflation and interest rates could go in either direction. If households anticipate future income, wealth gains from highe
Chicago Fed President warns markets not to assume sustained productivity gains will justify early monetary easing. Chicago Federal Reserve President Austan Goolsbee urged caution against assuming recent productivity growth will continue at its current pace, warning markets
Rising fuel costs force lower-income consumers to reduce discretionary purchases, per New York Fed research. A New York Fed study reveals lower-income households are reducing spending to offset surging gas prices. The findings highlight disproportionate financial strain on
A New York Fed report highlights disproportionate financial strain on lower-income families due to surging gasoline costs. A New York Federal Reserve report reveals that rising gas prices are disproportionately affecting lower-income households, exacerbating financial pres
Strategists recommend adjusting portfolios in real estate and homebuilding ETFs ahead of expected Federal Reserve easing. Investors are positioning for Federal Reserve rate cuts, targeting ETFs like TLT, XLRE, and ITB for potential gains. Strategists suggest these sectors
Markets weigh risks to Federal Reserve autonomy as new leadership faces internal fractures and political pressure. Kevin Warsh inherits a Federal Reserve grappling with unprecedented internal divisions and questions over its independence. The central bank, long a pillar of
Fed’s Musalem: inflation is meaningfully above target Albert Musalem, President of the Federal Reserve (Fed) Bank of St. Louis, spoke at the Mississippi Bankers Association on Wednesday He said that uncertainty around tariffs and war are... Read More 👈
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