Fed’s Goolsbee Says Inflation Discouraging, Warns of OverheatingFederal Reserve Bank of Chicago President Austan Goolsbee said a report showing broad-based inflationary pressures last month was worrisome, and warned the build-out of infrastructure related to artificial intelligence may be overheating the economy.Spokane Spokesman-Review3d agoWhole story →SecurityEconomy
Fed’s Lisa Cook Puts Off White House Hearing Over Trump’s AllegationsFederal Reserve Governor Lisa Cook says she will be unable to attend a Nov. 5 hearing at the White House that’s part of a new investigation into mortgage fraud allegations by President Donald Trump. Cook will be “executing her official duties as governor at financial and monetary policy meetings in Europe” then, her lawyer, Abbe Lowell, said in a letter…Spokane Spokesman-Review4d agoWhole story →EconomyJusticefed governor investigation
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