News list for "Chicago"
Chicago Fed President AUSTAN GOOLSBEE said in an interview that the United States still has a lot of work to do to achieve inflation of 2%.
Chicago Fed President Bill Goolsbee said interest rates would still fall "quite a bit" and the labour market appeared to be reaching full employment. Click to view...
Austan Goolsbee, the president of the Federal Reserve Bank of Chicago, said that while uncertainty over fiscal policy could lead to fewer rate cuts, he still expected some rate cuts over the next 18 months. "I think it makes the environment even more confusing," Goolsbee said of other uncertainties facing U.S. policy and the economy. "I still think we're going to end up quite a distance below where we are now, but because of these uncertainties, I'm slowing down a little bit to get there."
Austan Goolsbee, president of the Federal Reserve Bank of Chicago, said continued, large-scale tariff increases could cause supply chain disruptions again and drive up inflation. In his prepared remarks for the event in Detroit, Goolsbee warned against assuming that tariffs do not cause inflation. He listed several lessons from the epidemic, among which supply-side disruptions, including supply chains, are the most important driver of inflation and cause the COVID-19 pandemic to hit and hit duri...
Chicago Federal Reserve President Goolsbee said the Federal Reserve must be cautious in cutting interest rates due to economic uncertainty. He noted in a radio interview that despite strong consumer spending and economic growth, there are concerns that inflation could rise again. Goolsbee stressed that fiscal decisions affecting prices and employment need to be carefully evaluated. He also warned that it could be difficult to distinguish inflation from temporary effects such as economic overheat...
According to market news, the Chicago Options Trading Platform (Cboe) has announced plans to launch 24-hour, 5-day-a-week U.S. market trading.
The Chicago PMI for January will be released in ten minutes.
The US PMI for Chicago in January was 39.5, with expectations of 40, compared with a previous value of 36.9.
According to Coindesk, the Chicago Mercantile Exchange (CME) bitcoin options trading showed the strongest bullish sentiment since Trump won the election on November 5. Data showed that the skewness of options trading rose to 4.4%, the highest since the beginning of November.
The Chicago Board Options Exchange (CBOE) has unveiled a new brand identity for its exchange technology platform, now called Cboe Titanium (Cboe Ti). In addition, the CBOE plans to transfer its current cash-settled Bitcoin and Ethereum futures contracts to the Cboe Futures Exchange (CFE), which runs on Cboe Ti, in the second quarter of 2025, pending regulatory review. The CBOE...
