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 inflation is still the main concern over labour market strength. He reiterated data dependence on policy decisions, highlighting tariffs and energy costs as temporary inflation drivers.

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’