Fed’s Goolsbee: Inflation would come roaring back
Ni Agustin Wazne
Na-update: 7 Apr 2026
Sikat na Artikulo
Austan Goolsbee, President of the Federal Reserve (Fed) Bank of Chicago, said that inflation will come roaring back, citing that with Oil prices rising, this is a stagflationary shock to the market in a prepared speech in Detroit on Tuesday.
Austan Goolsbee, President of the Federal Reserve (Fed) Bank of Chicago, said that inflation will come roaring back, citing that with Oil prices rising, this is a stagflationary shock to the market in a prepared speech in Detroit on Tuesday.
Key takeaways:
Nothing in Federal Reserve Act says make the stock market happy, or make the president happy.
If actively talking about taking away the independence of the Fed, that's a bad idea.
Inflation would come roaring back.
Oil prices rising is a stagflationary shock.
Now in an uncomfortable situation, no obvious cookbook for Fed.
My immediate concern is stagflationary shock of oil prices before the tariff-price shock has gone away.
Job market stable but not great.
Cautious, nervous about economy.
The longer you go with high inflation, the more it gets ingrained into the economy.
Hopefully impact from oil will prove temporary.
$5/gallon gas will affect the supply chain.
There's anxiety about inflation coming back.
Possibility of stagflationary recession from oil price rise would be the worst outcome.”
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Swiss Franc.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.33% | -0.23% | 0.05% | -0.06% | -0.51% | 0.01% | 0.08% | |
| EUR | 0.33% | 0.10% | 0.33% | 0.23% | -0.19% | 0.33% | 0.41% | |
| GBP | 0.23% | -0.10% | 0.25% | 0.15% | -0.26% | 0.25% | 0.33% | |
| JPY | -0.05% | -0.33% | -0.25% | -0.09% | -0.54% | -0.03% | 0.05% | |
| CAD | 0.06% | -0.23% | -0.15% | 0.09% | -0.45% | 0.06% | 0.16% | |
| AUD | 0.51% | 0.19% | 0.26% | 0.54% | 0.45% | 0.51% | 0.61% | |
| NZD | -0.01% | -0.33% | -0.25% | 0.03% | -0.06% | -0.51% | 0.11% | |
| CHF | -0.08% | -0.41% | -0.33% | -0.05% | -0.16% | -0.61% | -0.11% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
Magbasa pa
