{"id":820210,"date":"2025-01-16T05:11:40","date_gmt":"2025-01-16T11:11:40","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/16\/feds-goolsbee-cpi-is-encouraging-and-discouraging-in-equal-measure\/"},"modified":"2025-01-16T05:11:40","modified_gmt":"2025-01-16T11:11:40","slug":"feds-goolsbee-cpi-is-encouraging-and-discouraging-in-equal-measure","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/16\/feds-goolsbee-cpi-is-encouraging-and-discouraging-in-equal-measure\/","title":{"rendered":"Fed’s Goolsbee: CPI is encouraging and discouraging in equal measure"},"content":{"rendered":"
\n

Federal Reserve<\/a> (Fed) Bank of Chicago President Austan Goolsbee hit newswires on Wednesday shortly after a fresh update to US inflation figures.<\/p>\n

Key highlights<\/h2>\n
\n

I still see continued progress on inflation.<\/p>\n

I am optimistic for 2025 on a soft landing.<\/p>\n

For the last 6 months, PCE inflation has run close to the 2% target.<\/p>\n

There’s been an uptick in business confidence and uncertainty since the election.<\/p>\n

The CPI report is somewhat encouraging, and somewhat discouraging, in equal measure.<\/p>\n

I am wary of the seasonal pattern of inflation.<\/p>\n

If Congress and the President begin drafting policies that will raise prices, the Fed has to think about that. What matters is the impact of policies as a whole.<\/p>\n<\/blockquote><\/div>\n

\n

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Read More<\/a>
\n Laine Mischke<\/p>\n","protected":false},"excerpt":{"rendered":"

Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee hit newswires on Wednesday shortly after a fresh update to US inflation figures. Key highlights I still see continued progress on inflation. I am optimistic for 2025 on a soft landing. For the last 6 months, PCE inflation has run close to the 2% target. There’s<\/p>\n","protected":false},"author":1,"featured_media":820211,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23160,138361],"tags":[],"class_list":{"0":"post-820210","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-feds","8":"category-goolsbee"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/820210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=820210"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/820210\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/820211"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=820210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=820210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=820210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}