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The Fed and the US economy

Ongoing coverage of Fed rate decisions, what Fed officials say, the fight over Fed independence, and US jobs, inflation and Treasury yield data, updated daily.

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Federal Reserve

Administration

What they said

What the key figures said on the record, as reported.

  • Austan Goolsbee
    Fed's Goolsbee says rate hike and pause both 'on the table'

    Chicago Federal Reserve President Austan Goolsbee said the latest jobs data show a steady labor market, while inflation that remains too high is the Fed’s bigger policy priority. He said both a rate hike and a pause are being considered.

    RReuters 2026-10-02 18:05

  • Austan Goolsbee
    Goolsbee rejects idea of Fed cutting rates to help US finance its debt

    Chicago Fed President Austan Goolsbee said Monday that proposals for the Federal Reserve to lower borrowing costs to help the US government finance its debt and deficits underscore why the central bank must remain independent when setting monetary policy.

    RReuters 2026-09-21 14:35

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