Fed's Goolsbee calls October CPI 'borderline disturbing'
Briefing by News4U · First published
CNBC reported that Chicago Fed President Austan Goolsbee called the October consumer price index rise of 0.4% "borderline disturbing" and said the central bank must address ongoing inflation pressures, noting that the CPI rose more than expected for the third straight month and that tariffs and high services prices remain concerns. [1]