Chicago Fed's Goolsbee warns core inflation at 2.9% is trending the wrong way, signaling rate cuts may be delayed with implications for crypto markets.

Chicago Fed's Austan Goolsbee highlighted the central bank's primary challenge: discerning if inflation's current surge will persist or fade. While the labor market remains…

Goolsbee, do Fed, diz que inflação ‘está indo na direção errada’

The Fed held rates at 3.5-3.75% and raised its 2026 inflation forecast to 3.6%. Bitcoin fell up to 4% as Warsh signaled a hawkish rate path to 3.8%.

Fed forecasts persistent inflation and likely rate hikes by year-end. Inflation below 3.6% in June at 3.2% YES.

PCE inflation rose to 4.1% while core PCE reached 3.4%, its highest level since 2023, raising concerns that Fed rate cuts could be delayed.

In a live CNBC interview from his home district, Goolsbee declined to speculate on where he thinks interest rates are headed.

Chicago Fed president Goolsbee sees hope in inflation data but warns rate cuts may be delayed to 2027. Here's what it means for crypto markets.

Chicago Fed's Goolsbee warns core inflation at 2.9% is trending the wrong way, signaling rate cuts may be delayed with implications for crypto markets.

Chicago Fed President Austan Goolsbee said the latest US inflation data shows some improvement in services inflation, but underlying price pressures remain elevated. He stressed…