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Federal Reserve Bank of Chicago Governor Austin Goolsbee said that although inflation is still high, recent data has improved. “The data has improved in recent months, and I hope this trend will continue,” Goolsbee said in an interview on Thursday. Goolsbee added that inflation is still too high. Data released this week showed that after cooling in June, the CPI core inflation rate remained moderate in July. The report released on Thursday showed that PPI slowed more than expected.

Zhitongcaijing·08/13/2026 23:09:02
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Federal Reserve Bank of Chicago Governor Austin Goolsbee said that although inflation is still high, recent data has improved. “The data has improved in recent months, and I hope this trend will continue,” Goolsbee said in an interview on Thursday. Goolsbee added that inflation is still too high. Data released this week showed that after cooling in June, the CPI core inflation rate remained moderate in July. The report released on Thursday showed that PPI slowed more than expected.