https://www.live-feeds.com/feed/fed-s-goolsbee-says-road-to-2-inflation-may-not-be-painlessContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/fed-s-goolsbee-says-road-to-2-inflation-may-not-be-painlesshttps://www.live-feeds.com/feed/fed-s-goolsbee-says-road-to-2-inflation-may-not-be-painless#u81666Wed, 23 Sep 2026 19:06:31 +0000Federal Reserve officials indicate that returning inflation to 2% may be painful and require aggressive action. Chicago Fed President Austan Goolsbee stated that the central bank cannot continue waiting out oil shocks and suggested that strong demand may be contributing to US inflation. Simultaneously, Fed official Alberto Musalem indicated that additional interest rate hikes are likely necessary to quell inflation and cool prices. These statements signal a willingness to accept economic hardship to ensure price stability.Why it mattersThe Federal Reserve manages US monetary policy to maintain