Official: No issuing-body link retained in this package.
Chronology
Fed officials open door to a half-point hike after inflation beats expectations
Reduced historical snapshot. The full archived contents could not be verified.
Top Federal Reserve official considers largest rate rise since 2022
Governor Christopher Waller says policymakers should weigh a 50-basis-point move if US inflation fails to slow
Reduced historical snapshot. The full archived contents could not be verified.
Former Fed's Evans: AI Boom Adds to Inflation Risks
Former Chicago Fed President Charles Evans says the AI infrastructure boom is adding to demand and could make it harder for inflation to return to target.
Reduced historical snapshot. The full archived contents could not be verified.
Reporting
- Fed officials open door to a half-point hike after inflation beats expectations
- Fed’s Goolsbee Says Officials Must Address Inflation Failure
Federal Reserve Bank of Chicago President Austan Goolsbee said policymakers need to tackle a potential overheating in the economy from the artificial intelligence build-out and a broadening of inflation pressures.
- Fed's Austan Goolsbee says officials must address inflation failure
- Top Federal Reserve official considers largest rate rise since 2022
Governor Christopher Waller says policymakers should weigh a 50-basis-point move if US inflation fails to slow
- Former Fed's Evans: AI Boom Adds to Inflation Risks
Former Chicago Fed President Charles Evans says the AI infrastructure boom is adding to demand and could make it harder for inflation to return to target. He sees the Fed as set up for a December rate hike, with policymakers potentially needing further tightening if inflation remains sticky. He speaks with Stephen Engle from the sidelines of 'Citi China Conference'. (Source: Bloomberg)
- Fed's Goolsbee warns services inflation goes beyond tariff pressure
Chicago Fed President Austan Goolsbee said services inflation has accelerated beyond tariff-related effects and that the Federal Reserve must come to terms with its inflation failure.
- Consumer prices rose 0.4% in October, more than expected, complicating Fed's inflation fight
The report comes at a critical juncture for the Federal Reserve as it considers its next move regarding interest rates.
Analysis
- Has U.S. Monetary Policy Really Improved? A 150‑Year Perspective
Has U.S. monetary policy actually improved over time? Or was the apparent success of the modern Federal Reserve mostly the result of more favorable economic conditions and better luck? In this post, we summarize our paper, * which develops a framework for comparing monetary policy across different economic environments. Our approach asks how close policy came to the best response given the economic conditions and shocks policymakers faced. Applying this framework to 150 years of U.S. monetary history, we find that meaningful improvements in monetary policy occurred only in the last thirty years. Most of the gains reflect, among other developments, substantially better responses to financial shocks and supply shocks.
Social context
- FEDWATCH: Waller alludes to “‘pipeline inflation,’.. the weighted average of transport, food, and trade services, which is the underlying torque behind broader price pressures... the pipeline is growing, and the Fed may have to lean harder against that trend.”
FEDWATCH: Waller alludes to “‘pipeline inflation,’.. the weighted average of transport, food, and trade services, which is the underlying torque behind broader price pressures... the pipeline is growing, and the Fed may have to lean harder against that trend.”
Earlier on MacroDigest
- Top Federal Reserve official considers largest rate rise since 2022
- Former Fed's Evans: AI Boom Adds to Inflation Risks
- Fed’s Goolsbee Says Officials Must Address Inflation Failure
- Fed's Austan Goolsbee says officials must address inflation failure
- Fed’s Daly Says More Rate Hikes Likely Needed to Tame Prices
- US inflation too high; essential to get back to 2%: Fed's Williams
- San Francisco Fed President Daly says higher rates 'are likely to be needed' in inflation fight
- Fed's Hammack, Barkin favor gradual rate-hike path to lower inflation
- Daly says Fed rate hike likely, despite 'painful' tech-stock dive
- Fed’s Daly Says More Rate Hikes Likely Needed to Tame Prices
- Fed’s Daly Says More Rate Hikes Likely Needed to Tame Prices
- Daly says Fed rate hike likely, despite 'painful' tech-stock dive
- US inflation too high; essential to get back to 2%: Fed's Williams
- Fed's Hammack, Barkin favor gradual rate-hike path to lower inflation
- Fed's Hammack, Barkin favor gradual rate-hike path to lower inflation
- October 2026 Core-Cast Inflation Preview + Important Update to Fed Views
- White House panel delays hearing on Fed's Lisa Cook to Dec. 14
- White House Delays Hearing on Fed Governor
- San Francisco Fed research flags El Niño as a 2027 US inflation risk while also projecting stronger employment
- San Francisco Fed research flags El Niño as a 2027 inflation risk while also supporting US employment