Skip to main content

Understand. Power. Act.

The Library

New

One story, all the way down.

AI is an inflation problem, Fed’s Goolsbee says

Chicago Fed President Austan Goolsbee warns of “spillover” from AI price spikes into unrelated parts of the economy.

Sources (2)· Oct 13, 12:51 PM to Oct 14, 9:00 PM

fed inflation warning Technology Economy Build

Every telling

their own versions

Semafor· Oct 13, 12:51 PMAI is an inflation problem, Fed’s Goolsbee says
Spokane Spokesman-Review· Oct 14, 9:00 PMFed’s Goolsbee Says Inflation Discouraging, Warns of Overheating

How it spread

2 articles

firstSemafor
+32hSpokane Spokesman-Review

The thread

fed inflation warning →

Before

Fed’s Goolsbee: Persistent inflation is like “playing with fire”Chicago Federal Reserve (Fed) President Austan Goolsbee, a voter in the Federal Open Market Committee (FOMC) in 2027, said Tuesday that “the fact that we have

EUROPE SAYS18d agoWhole story →

Economy fed inflation warning

More like this

similar stories in the archive

Fed’s Goolsbee: Persistent inflation is like “playing with fire”Chicago Federal Reserve (Fed) President Austan Goolsbee, a voter in the Federal Open Market Committee (FOMC) in 2027, said Tuesday that “the fact that we have

EUROPE SAYS18d agoWhole story →

Economy fed inflation warning

Goolsbee rejects idea of Fed cutting rates to help US finance its debtSuggestions that the Federal Reserve could lower borrowing costs to help the US government finance its current debt and deficits are the very reason ‌the central bank needs to be independent in setting monetary policy, Chicago Fed President Austan Goolsbee said on Monday.

Reuters26d agoWhole story →

Fighting inflation likely to be 'painful,' Chicago Fed president saysA top Federal Reserve official said Monday that the central bank may have to cause economic pain in the form of higher unemployment to combat stubbornly high inflation.

PBS News26d agoWhole story →

Security fed inflation strategy

New York Fed says supply chain pressures rose last month relative to AugustSupply chain pressures heated up modestly in September, a report said from the ‌Federal Reserve Bank of New York on Tuesday.

Reuters11d agoWhole story →

Economy supply chain update

Fed's Hammack warns inflation pressures remain tilted to upsideFederal Reserve Bank of Cleveland President Beth Hammack said on ‌Thursday that inflation pressures remain elevated and the longer this situation persists, the harder it will be to bring ⁠price pressures back to target.

Reuters23d agoWhole story →

Fed’s preferred inflation gauge points to continued price pressuresUS inflation stayed stuck at an elevated level in August, reinforcing the Federal Reserve’s decision in September to raise interest rates for the first time in roughly three years.

The Boston Globe17d agoWhole story →

Economy inflation rate update

The Fed's going to take its time with rate hikesA couple more interest rate hikes are probably on the way. But the Federal Reserve is in no great hurry to deliver them. That's the takeaway from the latest round of communications out of the central bank. Why it matters: It implies that the Fed is not in a full-scale effort to tighten the screws on the economy, but rather a cautious recalibration in…

Axios9d agoWhole story →

Economy federal reserve rate hike decision