Explore the dollar surge to a 13-month high as Fed rate path unfolds. Bitcoin rallies towards $100,000. Jobless claims drop, showing job growth.

But Goolsbee agreed with Fed Chair Jerome Powell, noting policymakers are not in a hurry to lower borrowing costs. “As long we keep making progress toward the 2% inflation goal, over the next 12 ...

(Reuters) - Federal Reserve Bank of Chicago President Austan Goolsbee on Friday signaled he feels the U.S. central bank will likely end up cutting the policy rate by another quarter of a ...

Stepping back from the day-to-day volatility, the bottom line is that interest rates are going to move lower, said Chicago Fed President Austan Goolsbee, on Friday. "As long as we keep making ...

Gifting allows recipients to access the article for free. Federal Reserve Bank of Chicago Austan Goolsbee said as long as inflation continues down toward the central bank’s 2% goal, interest ...

Federal Reserve Bank of Chicago Austan Goolsbee said as long as inflation continues down toward the central bank’s 2% goal, interest rates will be “a lot” lower over the next 12-18 months.

Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Friday that markets tend to overreact to interest rate changes, and that the Fed should maintain a slow and steady approach ...

(Bloomberg) -- Federal Reserve Bank of Chicago Austan Goolsbee said as long as inflation continues down toward the central bank’s 2% goal, interest rates will be “a lot” lower over the next 12-18 ...

U.S. Senate Majority Leader Chuck Schumer and former U.S. President Donald Trump attend the 79th annual Alfred E. Smith Memorial Foundation Dinner. REUTERS Every time Chuck Schumer, the top ...