News

Chicago Fed National Activity Index goes back into negative territory in March
The Chicago Fed National Activity Index ("CFNAI")  fell -0.03 in March, reversing from +0.24 in February, which was revised ...
Chicago Fed chief: Central bank must be independent of politics
Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.
Chicago Fed Chair Goolsbee Agrees With Bessent: 'Fed Independence Is A Jewel Box,' Awaits Tariff Revisit Before 'Jumping To Action'
Chicago Federal Reserve President Austan Goolsbee has underlined the need to wait for policy action on tariffs before jumping ...
Chicago Fed’s Goolsbee Has a Warning About Independence
President Donald Trump has openly criticized Fed Chair Jerome Powell, sparking speculation about whether he could remove him ...
Why Trump’s call for the Fed to cut interest rates may not help consumers
President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, ...
Trump took on Powell. The Fed won this round.
President Trump now says he has “no intention” of of firing Federal Reserve Chair Jerome Powell. The markets are just fine ...
Chicago economist Anna Paulson will take over Philly Fed as Trump pressures central bank to cut the price of money
Anna Paulson, a career economist at the Federal Reserve’s Chicago bank, takes over in Philadelphia as President Trump is ...
Chicago Fed Research Director Will Lead Philadelphia Fed
Anna Paulson will get a turn voting on the Federal Reserve’s rate-setting committee next year.
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Chicago Fed chief: Central bank must be independent of politics
Former President Trump has repeatedly criticized Federal Reserve Chair Jerome Powell, particularly regarding interest rates. Chicago Fed President Austan Goolsbee defended the Fed's independence ...