Chicago Fed’s Goolsbee Warns US Inflation at ‘Dangerous Moment’

Cointime update: Federal Reserve Bank of Chicago President Austan Goolsbee said the US is at a “dangerous moment” on inflation, after October CPI rose more than expected for a second straight month. He said services and healthcare prices are still under pressure independent of tariffs and oil, and that the Fed is watching whether data-center construction and AI-driven demand spill over into the broader economy.