Fed’s Goolsbee Says Fall Policy Meetings Will Be Broadcast Live

Chicago Federal Reserve President Austan Goolsbee said all of the U.S. central bank’s rate-setting meetings this autumn will be broadcast live, expanding the Fed’s recent push for greater transparency around deliberations. In a CNBC interview, the 2025 FOMC voter reiterated that any move to cut interest rates would require both a clear softening in the labour market and several consecutive months of reassuring inflation data. He described the latest consumer- and producer-price reports as carrying “a note of unease,” pointing in particular to a renewed uptick in services inflation. Goolsbee cautioned against overreacting to a single month of data but added that continued tariff announcements suggest price pressures may not be a one-time shock. While stressing the economy still shows “a lot of strengths,” he said the Fed does not need to keep rates elevated indefinitely and could allow them to settle at a lower level if the earlier trend of easing inflation resumes.