Goolsbee says Fed now has to wait longer before moving rates because of trade policy uncertainty

Key Points

Chicago Fed President Austan Goolsbee said Friday that President Donald Trump’s latest tariff moves have complicated policy and likely put off changes to interest rates.
“Everything’s always on the table. But I feel like the bar for me is a little higher for action in any direction while we’re waiting to get some clarity,” Goolsbee said on CNBC’s “Squawk Box.”

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Finance

Traders believe inflation could near 5% this year

May 12, 2026

Key Points Traders on Kalshi think inflation will likely rise above 4.5% in 2026. A smaller number believe price increases will breach 5%. Those levels are higher than economists’ forecasts, which see inflation peaking at an average of 3.8% in the second quarter. Source

Finance

Greenlight’s David Einhorn pitches five turnaround stocks at Sohn, from AI to infrastructure

May 12, 2026

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Finance

Stocks making the biggest moves midday: Wendy’s, Vestis, Cleanspark, Under Armour & more

May 12, 2026

Check out the companies making the biggest moves midday: Vestis – The uniform and apparel maker surged more than 30% after its fiscal second-quarter results beat expectations. Vestis also raised its fiscal 2026 EBITDA outlook. Zebra Technologies – The automation stock popped 17% on better-than-expected Q1 results. Zebra earned $4.75 per share, excluding certain items, […]