"When there is interference over the long run, it's going to mean higher inflation, it's going to mean worse growth and higher unemployment," Goolsbee said.

Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.

Anna Paulson, a career economist at the Federal Reserve's Chicago bank, will take over as president of the Federal Reserve Bank of Philadelphia, the bank said Thursday morning. An insurance scholar, ...

The top Democrats on congressional banking committees say the deal would inflict “serious harm” on consumers and the banking ...

The Federal Reserve’s interest rate committee will meet Tuesday and Wednesday this week, and the central bankers appear set ...

The Chicago Fed National Activity Index (CFNAI) fell to -0.03 in March from +0.24 in February. Two of the four broad ...

Federal Reserve Chair Jerome Powell said he isn’t changing interest rates as the nation faces a potential economic slowdown.

"I strongly hope that we do not move ourselves into an environment where monetary independence is questioned," Chicago Fed ...

Amna Nawaz discussed more with Austan Goolsbee of the Federal Reserve Bank of Chicago. President Donald Trump today lashed out at Federal Reserve Chair Jerome Powell, pushing for interest rate ...

Former President Trump has repeatedly criticized Federal Reserve Chair Jerome Powell, particularly regarding interest rates. Chicago Fed President Austan Goolsbee defended the Fed's independence ...