Chicago Federal Reserve President Austan Goolsbee called the latest inflation data “borderline disturbing.”“It’s another | Hanami
Chicago Federal Reserve President Austan Goolsbee called the latest inflation data “borderline disturbing.”
“It’s another distressing report — borderline disturbing,” Goolsbee said in an interview with PBS Tuesday.
The consumer price index rose 0.4% on a seasonally adjusted basis in October, according to the Bureau of Labor Statistics’ Tuesday release. That was higher than economists had predicted.