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Results for " Goolsbee " 2 found 🔀 AI-powered Shuffle

Fed’s Goolsbee says road to 2% inflation may not be painless

Federal Reserve Bank of Chicago President Austan Goolsbee warned the central bank cannot ignore repeated and persistent supply shocks, and must respond in a way that may cause economic hardship.

thederrick.com logo
Sep 21 • 9:01 PM EDT • Entertainment • thederrick.com
Fed's Goolsbee says oil shock could exacerbate inflationary impulse of AI hype

Chicago Federal Reserve President Austan Goolsbee on Thursday amped up his warning that mounting expectations for the productivity-boosting potential of AI ​could send inflation higher and force the Fed and other ‌central banks to raise interest rates.

reuters.com logo
May 27 • 10:27 PM EDT • Business • reuters.com