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Fed’s Goolsbee says rate hike and pause both ‘on the table’

Summary by WTVB
Oct 2 (Reuters) - Chicago Federal Reserve President Austan Goolsbee said ​on Friday on ‌Fox Business Network's The Big Money show that he feels that ‌the ​latest jobs ⁠data show the ⁠labor market is steady and that too-high inflation remains the ​Fed's...

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Broadcom plans to lend Anthropic up to $42 billion to fund its infrastructure spending, as part of a partnership that includes chip supply, equipment leasing, and financing, coinciding with the AI company's expansion. According to Reuters, Anthropic's IPO prospectus reveals that the partnership gives Broadcom a pivotal role in expanding the company's infrastructure, which has become Broadcom's largest customer. [...] The Chicago Federal Reserve …

Goolsbee stated that the labor market is balanced and stable in the current economic climate. He noted that in this environment, the Fed's most critical task is to ensure price stability. There has been no sharp deterioration in employment...

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Goolsbee says inflation going wrong way and stalled there

Persistent inflationary pressures may lead to sustained high interest rates, affecting global economic stability and monetary policy strategies.

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Austan Goolsbee, Fed President in Chicago, said on Friday that he believes the latest labor market statistics show that the labor market is stable and that continued high inflation is the Fed's most important priority.

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Terra broke the news on Friday, October 2, 2026.
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