Energy inflation has been more persistent than expected: Fed's Goolsbee
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Source: CNBC
Published: 2026-05-28 12:04 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Middle East, Military & Defence, Iran, Technology & AI, Energy, Economy & Finance, Labour & Workers, Business & Economy, War & Conflict, Asia Pacific
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Snippet:
Energy inflation tied to the war in Iran has lasted longer than expected, creating a "stagflationary shock" for Asian economies, Chicago Federal Reserve President Austan Goolsbee said Thursday.
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