# Chicago Fed's Goolsbee Says Inflation Remains the Fed's Weak Spot

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/53175
Published: 2026-11-10T15:21:22.000Z
Updated: 2026-11-10T15:21:22.000Z
Section: Regulation

> He said employment and growth remain stable. The Fed held its target range at 3.75% to 4% in October.

Chicago Fed President Austan Goolsbee said Monday the Federal Reserve needs to confront inflation, which he characterized as a failure on the price side of the central bank’s mandate. He described employment and economic growth as stable.

Goolsbee made the remarks during a moderated discussion on Nov. 9.

The Fed held its interest-rate target range at 3.75% to 4% in October. U.S. consumer prices rose 3.7% in September from a year earlier, up from 3.4% in August. The Fed’s next meeting is scheduled for Dec. 8-9.