Chicago Fed’s Austan Goolsbee wants to get back to ‘old school’ economics: Focused on ordinary Americans, mindful of AI hype, and sharp on inflation

Chicago Federal Reserve President Austan Goolsbee advocates for a traditional economic approach centered on the financial wellbeing of everyday consumers. In an exclusive interview, he emphasizes the importance of closely monitoring consumer stability while maintaining caution regarding widespread artificial intelligence enthusiasm and ongoing inflation pressures.