{"id":3623,"date":"2026-05-03T01:39:18","date_gmt":"2026-05-03T01:39:18","guid":{"rendered":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/05\/03\/chicago-feds-goolsbee-warns-recent-inflation-data-is-bad-news-urges-caution-on-rate-cuts\/"},"modified":"2026-05-03T01:39:18","modified_gmt":"2026-05-03T01:39:18","slug":"chicago-feds-goolsbee-warns-recent-inflation-data-is-bad-news-urges-caution-on-rate-cuts","status":"publish","type":"post","link":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/05\/03\/chicago-feds-goolsbee-warns-recent-inflation-data-is-bad-news-urges-caution-on-rate-cuts\/","title":{"rendered":"Chicago Fed&#8217;s Goolsbee Warns Recent Inflation Data is &#8216;Bad News,&#8217; Urges Caution on Rate Cuts"},"content":{"rendered":"<p>Chicago Fed President Austan Goolsbee characterized recent inflation data as &#8220;bad news,&#8221; signaling a need for the Federal Reserve to exercise caution regarding potential rate cuts. He emphasized the importance of seeing a sustained return to the 2% inflation target, noting that inflationary pressures are becoming more widespread. Goolsbee also commented on the upcoming leadership transition at the Fed, expressing optimism about both Jerome Powell&#8217;s continued involvement and Kevin Warsh&#8217;s arrival.<\/p>\n<p><\/p>\n<p style=\"text-align: left;font-style: normal;font-weight: bold\"><a href=\"https:\/\/www.cnbc.com\/2024\/05\/04\/recent-inflation-data-was-bad-news-chicago-feds-goolsbee.html\" target=\"_blank\" rel=\"noopener noreferrer\">READ MORE FROM CNBC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chicago Fed President Austan Goolsbee characterized recent inflation data as &#8220;bad news,&#8221; signaling a need for the Federal Reserve to exercise caution regarding potential rate cuts. He emphasized the importance of seeing a sustained return to the 2% inflation target, noting that inflationary pressures are becoming more widespread. Goolsbee also commented on the upcoming leadership [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.cnbc.com\/images\/responsive\/600x400\/2024\/05\/04\/austan-goolsbee-101553159.jpg","fifu_image_alt":"","footnotes":""},"categories":[28,29,30],"tags":[],"class_list":["post-3623","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","category-global-affairs","category-global-security","rifnote_country-iran","rifnote_country-u-s","rifnote_executive-austan-goolsbee","rifnote_executive-jerome-powell","rifnote_executive-kevin-warsh"],"fifu_image_url":"https:\/\/www.cnbc.com\/images\/responsive\/600x400\/2024\/05\/04\/austan-goolsbee-101553159.jpg","_links":{"self":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/3623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/comments?post=3623"}],"version-history":[{"count":0,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/3623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media\/3624"}],"wp:attachment":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media?parent=3623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/categories?post=3623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/tags?post=3623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}