Fed's Goolsbee calls inflation report 'borderline disturbing' as central bank weighs more hikes

Fed's Goolsbee calls inflation report 'borderline disturbing' as central bank weighs more hikes — Live Feedhttps://www.live-feeds.com/feed/fed-s-goolsbee-calls-inflation-report-borderline-disturbing-as-central-bank-weighs-more-hikesContinuously updated, source-cited coverage. Goolsbee calls October CPI 'borderline disturbing' as Fed weighs rate pathhttps://www.live-feeds.com/feed/fed-s-goolsbee-calls-inflation-report-borderline-disturbing-as-central-bank-weighs-more-hikeshttps://www.live-feeds.com/feed/fed-s-goolsbee-calls-inflation-report-borderline-disturbing-as-central-bank-weighs-more-hikes#u201887Sun, 15 Nov 2026 06:47:16 +0000Chicago Fed President Austan Goolsbee described the October consumer price index report as "borderline disturbing" and said officials must address the inflation failure. He also warned that massive data-center buildouts tied to AI investment are overheating parts of the economy, potentially making it harder for rate hikes to cool demand. Fellow policymakers are monitoring whether overheating demand warrants further tightening, with the next FOMC meeting set for December 15-16.Why it mattersGoolsbee's remarks mark a sharper tone from a dovish-leaning official, signaling broader c