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AI Financial Intelligence
Professional analysis of central bank decisions

Markets

News
Forex
Stocks
Crypto
Gold
Commodities
Indices
ETFs

Analysis

Fed
ECB
COT
Economic Calendar

Learn

Service Guide
MCP Server
Oil

Company

About
Contact
Data Methodology
AI Disclosure
Pricing
Enterprise
Terms
Privacy
Security
WhatsApp

Status data is currently unavailable

The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

BreakingCentral Banks

Fed's Goolsbee Warns of Accelerating Services Inflation

First Detected: Nov 9, 2026, 3:53 PM

Last Update: about 1 hour ago

1 update

Event Summary

Chicago Fed President Austan Goolsbee said on Nov. 9 that services inflation had accelerated over the past few months. He emphasized that inflation remains the primary problem despite stable employment and growth. He said the Fed must come to terms with its failure on inflation. He warned that services inflation pressures go beyond the impact of tariffs alone.

Timeline

Latest developmentabout 20 hours ago

Goolsbee: Services Inflation Exceeded 5% in September, Not Explained by Tariffs or Oil

The Federal Reserve official said price data were disappointing as investors awaited the October reading, scheduled for Nov. 10.

Read the full story

Key facts

Chicago Fed President Austan Goolsbee stated that services inflation has accelerated over the last few months.
Goolsbee emphasized that inflation remains the primary problem despite stable employment and growth.
Goolsbee noted that inflation remains the primary problem despite stable employment and growth, emphasizing that the Fed must come to terms with inflation failure.
Goolsbee warned that services inflation pressures go beyond just the impact of tariffs.