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Fed’s Goolsbee on inflation: discouraging, but still some optimism

Katherine Langford
Editor-in-Chief · Thursday, October 15, 2026 at 11:48 PM · 1 min read
Fed’s Goolsbee on inflation: discouraging, but still some optimism — KFGO, San Francisco Technology news
Image: KFGO

Oct 15 (Reuters) Federal Reserve Bank of Chicago President Austan ​Goolsbee said ‌on Thursday that data this week showing stronger-than-expected consumer and producer ‌price ​inflation has ⁠been discouraging. I still ⁠have some optimism that if the drivers of inflation are ​things that can go away in ⁠short ⁠order, whether that s ​tariffs, whether that s wars ​in the Middle East ‌and supply disruptions, that s the best scenario, Goolsbee said ⁠in an interview on CNN. If it s coming from ⁠overheating ‌demand, from AI ⁠data center ​build ‌out, that s a ​little more ⁠disturbing and we d have to address that. (Reporting by Ann Saphir; Editing by Jacqueline ​Wong)

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