Cover art for Masters of Scale

Chicago Fed President on inflation, recession, and Trump’s attacks

Masters of Scale

Published
August 27, 2026
Duration
35:42
Summary source
description
Last updated
Aug 30, 2026

Discusses The economy is strong, prices are still too high, and the job market is sending mixed signals. The F…

Summary

The economy is strong, prices are still too high, and the job market is sending mixed signals. The Federal Reserve is navigating all of it while fending off the most overt political pressure in its modern history. Austan Goolsbee, President of the Chicago Fed, joins Rapid Response ahead of the Central Bank’s highly-watched meeting in Jackson Hole, to give…

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Show notes

The economy is strong, prices are still too high, and the job market is sending mixed signals. The Federal Reserve is navigating all of it while fending off the most overt political pressure in its modern history. Austan Goolsbee, President of the Chicago Fed, joins Rapid Response ahead of the Central Bank’s highly-watched meeting in Jackson Hole, to give his most candid read on what's actually going on. He explains why tariffs, war in the Middle East, and six years above the 2% inflation target