Fed’s Goolsbee: Oil price rise is quite serious, everything depends on how long it lasts
작성자 Lallalit Srijandorn
수정됨: 2 Apr 2026
인기 기사
Federal Reserve Bank of Chicago President Austan Goolsbee said on Thursday that he is concerned about the timing of rising oil prices, stating that they could hinder efforts to reduce inflation.
Federal Reserve Bank of Chicago President Austan Goolsbee said on Thursday that he is concerned about the timing of rising oil prices, stating that they could hinder efforts to reduce inflation.
Key quotes
Oil price rise is quite serious, everything depends on how long it lasts.
If extended period of oil price rise, will see it in consumer sentiment and price of food, manufacturing.
We have unfortunate timing for oil prices to rise, had hoped inflation would fade.
There can be complications when the price of gasoline rises significantly, which can increase inflation expectations.
That would put us in a tougher spot.
I am concerned about inflation.
There was some solidity in the economy.
The oil price shock adds an additional level of uncertainty.
Uncertainty is contributing to low-hire, low-fire environment.
Market reaction
At the time of press, the US Dollar Index (DXY) is up 0.45% on the day at 100.01.
Fed FAQs
Monetary policy in the US is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability and foster full employment. Its primary tool to achieve these goals is by adjusting interest rates. When prices are rising too quickly and inflation is above the Fed’s 2% target, it raises interest rates, increasing borrowing costs throughout the economy. This results in a stronger US Dollar (USD) as it makes the US a more attractive place for international investors to park their money. When inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower interest rates to encourage borrowing, which weighs on the Greenback.
The Federal Reserve (Fed) holds eight policy meetings a year, where the Federal Open Market Committee (FOMC) assesses economic conditions and makes monetary policy decisions. The FOMC is attended by twelve Fed officials – the seven members of the Board of Governors, the president of the Federal Reserve Bank of New York, and four of the remaining eleven regional Reserve Bank presidents, who serve one-year terms on a rotating basis.
In extreme situations, the Federal Reserve may resort to a policy named Quantitative Easing (QE). QE is the process by which the Fed substantially increases the flow of credit in a stuck financial system. It is a non-standard policy measure used during crises or when inflation is extremely low. It was the Fed’s weapon of choice during the Great Financial Crisis in 2008. It involves the Fed printing more Dollars and using them to buy high grade bonds from financial institutions. QE usually weakens the US Dollar.
Quantitative tightening (QT) is the reverse process of QE, whereby the Federal Reserve stops buying bonds from financial institutions and does not reinvest the principal from the bonds it holds maturing, to purchase new bonds. It is usually positive for the value of the US Dollar.
100만 명이 넘는 사용자가 FXStreet를 통해 실시간 시장 데이터, 차트 도구, 전문가 인사이트, 포렉스 뉴스를 이용합니다. 포괄적인 경제 캘린더와 교육 웨비나는 트레이더가 정보를 유지하고 신중한 결정을 내리도록 돕습니다. FXStreet는 바르셀로나 본사와 전 세계 지역에 걸쳐 약 60명의 팀으로 구성되어 있습니다.
더 읽기
