Fed's Williams: Inflation Still Too High, More Tightening Needed
New York Fed President John Williams said inflation remains too high and the Fed needs to tighten further, supporting expectations for a December rate hike.
2 h ago12 min read
Goolsbee says services inflation is starting to pick up
Goolsbee is starting to see services inflation pick up, with data centers overheating and consumer spending driving growth; a December hike is priced at 84%.
09/11/2026 16:121 min read
- Data-center activity increasingly looks like an old-fashioned overheating episode.
- Consumer spending has served as the main engine of growth.
Goolsbee has been leaning hawkish for a while, and market pricing has already moved to match that. A December hike is now priced at 84%.
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