Chicago Fed President Notes Unexpectedly Mild CPI Figures Amid Elevated Service Sector Inflation

Deep News03:00

Chicago Federal Reserve Bank President Austan Goolsbee stated that Tuesday's Consumer Price Index report was "unexpectedly mild," but policymakers require more than a single month's data to assess whether inflation is moving back toward the central bank's 2% target.

Speaking at an event in Kenosha, Wisconsin, on Tuesday, Goolsbee noted that inflation in the services sector has remained "too high," but described the latest data as "encouraging."

He added, "I would feel better if we could get a few months like this."

"The sooner we can show that inflation is moving back to 2%, the sooner we can normalize policy."

He characterized the labor market as "stable, but not great."

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1109012904?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-15 03:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1109012904","market":"sg","top_or_hot":-1,"title":"Chicago Fed President Notes Unexpectedly Mild CPI Figures Amid Elevated Service Sector Inflation","media":"Deep News","content":"<p>Chicago Federal Reserve Bank President Austan Goolsbee stated that Tuesday's Consumer Price Index report was \"unexpectedly mild,\" but policymakers require more than a single month's data to assess whether inflation is moving back toward the central bank's 2% target.<br><br>Speaking at an event in Kenosha, Wisconsin, on Tuesday, Goolsbee noted that inflation in the services sector has remained \"too high,\" but described the latest data as \"encouraging.\"<br><br>He added, \"I would feel better if we could get a few months like this.\"<br><br>\"The sooner we can show that inflation is moving back to 2%, the sooner we can normalize policy.\"<br><br>He characterized the labor market as \"stable, but not great.\"</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chicago Fed President Notes Unexpectedly Mild CPI Figures Amid Elevated Service Sector Inflation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChicago Fed President Notes Unexpectedly Mild CPI Figures Amid Elevated Service Sector Inflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-07-15 03:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chicago Federal Reserve Bank President Austan Goolsbee stated that Tuesday's Consumer Price Index report was \"unexpectedly mild,\" but policymakers require more than a single month's data to assess whether inflation is moving back toward the central bank's 2% target.<br><br>Speaking at an event in Kenosha, Wisconsin, on Tuesday, Goolsbee noted that inflation in the services sector has remained \"too high,\" but described the latest data as \"encouraging.\"<br><br>He added, \"I would feel better if we could get a few months like this.\"<br><br>\"The sooner we can show that inflation is moving back to 2%, the sooner we can normalize policy.\"<br><br>He characterized the labor market as \"stable, but not great.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PP","symbol_name":"THE MEET KEVIN PRICING POWER ETF","start_time":0,"source_url":"","article_id":"1109012904","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1109012904","pubTimestamp":1784055630,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"Chicago Federal Reserve Bank President Austan Goolsbee stated that Tuesday's Consumer Price Index report was \"unexpectedly mild,\" but policymakers require more than a single month's data to assess...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PP":"THE MEET KEVIN PRICING POWER ETF","QSWN":"Amplify BlackSwan Growth & Treasury Core ETF","AGZD":"WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund","BK4588":"碎股","IBTJ":"iShares iBonds Dec 2029 Term Treasury ETF","BK4585":"ETF&股票定投概念","JUCY":"Aptus Enhanced Yield ETF","BUCK":"Simplify Treasury Option Income ETF","TUA":"SIMPLIFY SHORT TERM TREASURY FUTURES STRATEGY ETF","BIV":"美国中期债券ETF-Vanguard","XTEN":"Bondbloxx Bloomberg Ten Year Target Duration US Treasury ETF"},"translate_title":"芝加哥联储主席指出，由于服务业通胀上升，消费者物价指数数据出乎意料地温和","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TUA":1,"JUCY":1,"BUCK":1,"XTEN":1,"PP":1,"BIV":1,"QSWN":1,"AGZD":1,"IBTJ":1},"content_text":"Chicago Federal Reserve Bank President Austan Goolsbee stated that Tuesday's Consumer Price Index report was \"unexpectedly mild,\" but policymakers require more than a single month's data to assess whether inflation is moving back toward the central bank's 2% target.Speaking at an event in Kenosha, Wisconsin, on Tuesday, Goolsbee noted that inflation in the services sector has remained \"too high,\" but described the latest data as \"encouraging.\"He added, \"I would feel better if we could get a few months like this.\"\"The sooner we can show that inflation is moving back to 2%, the sooner we can normalize policy.\"He characterized the labor market as \"stable, but not great.\"","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1109012904","isCrawlerRequest":true}