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Fed’s Goolsbee says inflation Is the main issue right now

Fed’s Goolsbee says inflation Is the main issue right now

FXStreetFXStreet2026/08/28 18:24
By:FXStreet

The Chicago Fed President Austan Goolsbee commented on a CNBC interview at the Jackson Hole Symposium that he agreed with Fed Chair Kevin Warsh about the details of the economy, adding that “inflation is the Fed’s main issue right now.”

Goolsbee added that “inflation persists longer than expected,” and when questioned about the number of FOMC meetings, he said he doesn’t have a strong opinion on the topic.

Key highlights:

AGREED WITH WARSH ABOUT DETAILS OF ECONOMY - CNBC

AGREES INFLATION IS FED'S MAIN ISSUE RIGHT NOW

PRETTY CLEAR THAT INFLATION FROM OVERHEATED DEMAND IS HARD TO ADDRESS

INFLATION HAS CONTINUED FOR LONGER THAN EXPECTED

WAS OK WITH HOLDING RATES STEADY AT JULY FOMC

DOESN'T HAVE STRONG OPINION ABOUT NUMBER OF FOMC MEETINGS

DOESN'T THINK FED AND TREASURY ARE AT CROSS PURPOSES

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