neil: thanks, peter to austan goolsbee. he is now the president of the federal reserve bank of chicago. a voting member. the folks that determine interest rates and the folks that have just raised interest rates for the tenth time in this cycle to around the 5.25 neck of the woods. belated congratulations. yeah, thanks for having me back. neil: by the way, adele sends along her congratulations. i digress. i m curious, were you among those members that raised it another quarter point? i was. it was unanimous decision. i was in there. neil: you get a good jobs report like this and no other way to look at it. they talk about the revisions of the prior month. the fact is it was a stunningly good jobs report. now the question is, it s so good that it puts pressure to keep the interest rate spigot
is that true? well, i take this as a compliment. that s what i aspire to. some people view it as an insult. i believe that the federal open market committee is in this century the world s greatest deliberative body. a lot of people with different views. i come from a different perspective. i ve been impressed the seriousness with which everybody takes their job. neil: you should be proud of that. congratulations again, austan goolsbee, the president of the federal reserve bank of chicago. want to take you to the border. griff jenkins is there. hi, griff. neil, we ve had thousands of migrants continue to stream across in brownsville. secretary mayorkas just visited where i m standing. we got an exclusive interview with the border patrol chief
Central bankers must augment what they learn from incoming data with clues gleaned from the real economy and avoid putting too much weight on financial markets, said Federal Reserve Bank of Chicago President Austan Goolsbee.
Two of the Federal Reserve board's seven governors abstained from supporting the selection of former Obama aide Austan Goolsbee to become president of the Chicago Fed, according to a record of the vote.
The Federal Reserve Bank of Chicago appointed Austan Goolsbee, an economist and former adviser to President Barack Obama, as its new president to replace Charles Evans, who retires in January.