Newsquawk Logo

Fed's Goolsbee (2027 voter) says nothing in Federal Reserve act says make the stock market happy or make the President happy; if actively talking about taking away independence of the Fed, that is a bad idea and inflation would come roaring back

Fed's Goolsbee's comments highlight the delicate balancing act for the central bank amid rising oil prices and inflation concerns.

Newsquawk StaffPublished On the live feed at — 5 more headlines followed before this page went public
Newsquawk headlinesUTC

US sells USD 58bln of 3-year notes; Stop through 1.2bps

Apple (AAPL) plans foldable release around same time as iPhone 18 Pro, Bloomberg reports; remains on track for September debut

Fed's Goolsbee (2027 voter) says nothing in Federal Reserve act says make the stock market happy or make the President happy; if actively talking about taking away independence of the Fed, that is a bad idea and inflation would come roaring back

Republican Lawler says Trump, in his earlier Truth Social post, says he was talking about 'ending a civilisation', WSJ reports

Russia's UN Ambassador, explaining veto, says Bahraini Hormuz resolution contained 'unbalanced, inaccurate, and confrontational elements'

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free
Free. No signup, no card.
  • Oil prices rising is a stagflationary shock.
  • Now in an uncomfortable situation, and no obvious cookbook for Fed.
  • His immediate concern is stagflationary shock of oil prices before the tariff-price shock has gone away.
  • Job market stable, but not great.
  • Cautious and nervous about economy.
  • Longer you go with high inflation, the more it gets ingrained into the economy.
  • Hopefully impact from oil will prove temporary.
  • USD 5/gallon gas will affect supply chain.
  • Anxiety about inflation coming back.
Context

His emphasis on maintaining independence speaks to the potential risks of political interference, which could exacerbate inflation if not carefully managed. Overall, his cautious tone suggests that the Fed might have to navigate challenging economic conditions, with implications for both monetary policy and market sentiment.

Related headlines

The whole workspace, free to try.

Try it free
Newsquawk Logo

© 2026 Newsquawk. All rights reserved.