Goolsbee: Chicago Fed 'has definitely got work to do' on inflation

cnbc.com reported Chicago Fed President Austan Goolsbee expressed concern about recent inflation data and said the central bank likely will need to act.

Developing storyFederal Reserve issues enforcement action with former United Community Bank employee5 reports · latest 1h agoTimeline →

MarketAlleys Research Desk

Published Nov 13, 2026, 03:42 PM UTC · 3 min read

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Illustration for: Goolsbee: Chicago Fed 'has definitely got work to do' on inflation — Illustration (AI-generated) — not a photograph of the events described.

What happened

Cnbc.com reported Nov 13, 14:22 UTC that Chicago Fed President Austan Goolsbee said the central bank "has definitely got work to do" on inflation.

The article's summary said the policymaker expressed concern about the latest inflation data and told CNBC that the central bank likely will need to take action; the report concerns the central bank's policy outlook.

Politics & Macro market context

As of Nov 13, 15:31 UTC, the SPY ETF was $749.74 and fell 0.97% from the prior close; the UUP ETF was $29.45 and rose 0.10% from the prior close; the GLD ETF was $355.26 and rose 0.10% from the prior close; and the USO ETF was $146.18 and rose 0.08% from the prior close. Finnhub supplied the market figures. The US 2-year Treasury yield was 4.73% with dailyChange +17 bp and the US 10-year Treasury yield was 4.98% with dailyChange +10 bp (observationDate Tue Nov 10). The Fed broad trade-weighted dollar index stood at 121.88 (observationDate Fri Nov 6).

Instrument	Last	Change	Basis	As of	Source
S&P 500 (via SPY ETF)	$749.74	-0.97%	vs prior close	Nov 13, 15:31 UTC	Finnhub
US Dollar Index (via UUP ETF)	$29.45	+0.10%	vs prior close	Nov 13, 15:31 UTC	Finnhub
Gold (via GLD ETF)	$355.26	+0.10%	vs prior close	Nov 13, 15:31 UTC	Finnhub
WTI Crude Oil (via USO ETF)	$146.18	+0.08%	vs prior close	Nov 13, 15:31 UTC	Finnhub

Federal Reserve published a primary press release titled "Federal Reserve Board issues enforcement action with former employee of United Community Bank." thestockmarketwatch.com published a separate report headlined "Fed’s Daly Warns of AI-Driven Inflation as Microsoft Outage Hits 130,000 Users."

Chicago Fed's Goolsbee says central bank 'has definitely got work to do' on inflation — cnbc.com, Nov 13, 14:22 UTC
Fed Chair Kevin Warsh's Central Bank Reforms Come With a Significant Unintended Consequence — Yahoo, Nov 13, 09:26 UTC
Fed’s Daly Warns of AI-Driven Inflation as Microsoft Outage Hits 130,000 Users — thestockmarketwatch.com, Nov 12, 18:38 UTC
Federal Reserve Board issues enforcement action with former employee of United Community Bank — Federal Reserve, Nov 12, 16:00 UTC
The Bank of England, the Monetary Authority of Singapore, and the Bank of Thailand: Project Meridian FX APAC — Bank of England, Nov 13, 09:00 UTC

Sources and data

cnbc.com (secondary source) — Chicago Fed's Goolsbee says central bank 'has definitely got work to do' on inflation
Yahoo (secondary source) — Fed Chair Kevin Warsh's Central Bank Reforms Come With a Significant Unintended Consequence
thestockmarketwatch.com (secondary source) — Fed’s Daly Warns of AI-Driven Inflation as Microsoft Outage Hits 130,000 Users
Federal Reserve (primary source) — Federal Reserve Board issues enforcement action with former employee of United Community Bank
Bank of England (primary source) — The Bank of England, the Monetary Authority of Singapore, and the Bank of Thailand: Project Meridian FX APAC
Finnhub (market data) — market data
U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
U.S. Energy Information Administration via FRED (primary source) — calendar
European Central Bank (euro reference rates) (primary source) — calendar

Market data as of Nov 13, 15:31 UTC; report generated Nov 13, 15:40 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.

Terms in this article

Inflation
The rate at which the general level of prices rises over time, reducing what money can buy.
Full definition
Central bank
The institution that sets a country's or region's monetary policy, issues its currency and oversees the banking system — for example the Federal Reserve, European Central Bank, Bank of England and Bank of Japan.
Full definition Learn more in Currency Conquest
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
Full definition Learn more in Crypto Canvas
Treasury yield
The return investors earn on US government debt, which moves inversely to bond prices.
Full definition
Federal Reserve (Fed)
The US central bank, with a dual mandate of maximum employment and stable prices.
Full definition

Sources & data

cnbc.com (secondary, retrieved Nov 13, 2026, 03:42 PM UTC)
Yahoo (secondary, retrieved Nov 13, 2026, 03:42 PM UTC)
thestockmarketwatch.com (secondary, retrieved Nov 13, 2026, 03:42 PM UTC)
Federal Reserve (primary, retrieved Nov 13, 2026, 03:42 PM UTC)
Bank of England (primary, retrieved Nov 13, 2026, 03:42 PM UTC)
Finnhub (market-data, retrieved Nov 13, 2026, 03:42 PM UTC)
U.S. Treasury and Federal Reserve Board via FRED (primary, retrieved Nov 13, 2026, 03:42 PM UTC)
U.S. Energy Information Administration via FRED (primary, retrieved Nov 13, 2026, 03:42 PM UTC)
European Central Bank (euro reference rates) (primary, retrieved Nov 13, 2026, 03:42 PM UTC)

Market data as of Nov 13, 2026, 03:31 PM UTC.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.

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MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.

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