The Latest Breaking News from Austan Goolsbee

December S&P 500 E-Mini futures (ESZ24) are down -0.14%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.12% this morning as market participants looked ahead to an earnings report from semiconductor stalwart Nvidia, a new batch of U.S. economic data, and comments from Federal Reserve officials.

December S&P 500 E-Mini futures (ESZ24) are up +0.09%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.35% this morning as market participants looked ahead to an earnings report from semiconductor stalwart Nvidia, a new batch of U.S. economic data, and comments from Federal Reserve officials.

In a Fortune exclusive, Chicago Fed president Austan Goolsbee discusses working with Jerome Powell, base rate cuts, and Fed independence.

As part of their economic platforms, Vice President Kamala Harris and former President Donald Trump have both pledged to reduce costs for Americans.

September S&P 500 E-Mini futures (ESU24) are down -0.02%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.21% this morning as investors looked ahead to the release of the minutes of the Federal Reserve’s latest policy meeting, Fed Chair Jerome Powell’s speech at Jackson Hole, and earnings reports from…

The annual increase in inflation slowed to below three percent for the first time in nearly 3.5 years.

Analysts holding out for the Fed to rescue the stock market might be waiting in vain

September S&P 500 E-Mini futures (ESU24) are up +0.55%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.56% this morning, signaling a partial rebound from yesterday’s dramatic selloff as a hotter-than-expected ISM services report and comments from Federal Reserve officials eased fears of a recession, while investors looked ahead…

“It’s the market’s job to react and the Fed’s job to act.” said Chicago Fed president Austan Goolsbee. “And one of those moves with a lot more volatility than the other.”