Detroit Federal Reserve

austan goolsbee, Fed

Goolsbee: Fed in solid place for eventual cuts though uncertainty means a slower approach

A full-employment economy with solid growth and falling inflation will let the U.S. Federal Reserve continue cutting interest rates, though uncertainty about the impact of tariffs and other policy changes argues for a slower approach,

Bloomberg L.P. · 1d

Fed’s Goolsbee Sees Uncertainty Driving Shallower Rate-Cut Path

Federal Reserve Bank of Chicago President Austan Goolsbee said that while fiscal policy uncertainty may lead to fewer rate cuts, he still sees some reductions over the next 18 months.

AOL · 13h

Goolsbee says Fed 'may be on hold' for now but sees rates going lower in next 12-18 months

Chicago Federal Reserve president Austan Goolsbee told Yahoo Finance Friday that the central bank 'may be on hold' for now, but he still sees interest rates moving lower over the 'next 12-18 months.'

Detroit organization concerned as confusion remains over federal funding

Last week, the Trump administration rescinded the memo about freezing federal funds, and some local organizations say their ...

Chicago Fed CEO says tariff uncertainty could slow rate lowering

"I still think my ultimate where-we're-going-to-land is a fair bit below where we are today," Austan Goolsbee said at auto ...

28d

Why some think metro Detroit's office space market already hit bottom

In the Detroit region, there was 'negative absorption' of about 757,000 square feet of office space in Q4 of 2024, meaning ...

2don MSN

Auto industry bracing for further disruption in 2025, experts say

Analysts, experts and professionals from the industry spoke out about their concerns at the 31st Automotive Insights ...

The Associated Press on MSN11d

Federal Reserve expected to stand pat on rates even as Trump demands cuts

Washington – The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this ...

Federal Reserve holds interest rates steady as inflation remains above 2%

The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...

clickondetroit.com6d

Former Federal Reserve adviser indicted and arrested for alleged espionage in dealings with China

Federal authorities have arrested a former Federal Reserve senior adviser for allegedly giving inside economic information to China. A grand jury indictment accuses John Harold Rogers, 63 ...

2don MSN

5Chicago Fed's Goolsbee Shifts From Dove To Hawk, Says Tariffs...

New trade tariffs and supply chain disruptions could force the Federal Reserve into a difficult position, policymaker says.

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