Every vote, every word

Sunday, November 1, 2026

President, Federal Reserve Bank of Chicago

Austan D. Goolsbee

2026 alternate 2027 voter

17Votes since 2020
1Dissents
6%Dissent rate
34Appearances
+31Index reading

Role

InstitutionFederal Reserve Bank of Chicago (District 7)
Current role sinceJanuary 1, 2023
Term ends—
Official pagewww.chicagofed.org
On X@ChicagoFed

Became president in January 2023 (month only; day shown here is a placeholder). 2026 alternate; votes in 2027.

Vote record

MeetingDecisionVotePreference
December 10, 2025cut 3.50–3.75%Dissent, for a holdPreferred no change to the target range for the federal funds rate at this meeting.
October 29, 2025cut 3.75–4.00%With majority
September 17, 2025cut 4.00–4.25%With majority
July 30, 2025hold 4.25–4.50%With majority
June 18, 2025hold 4.25–4.50%With majority
May 7, 2025hold 4.25–4.50%With majority
March 19, 2025hold 4.25–4.50%With majority
January 29, 2025hold 4.25–4.50%With majority
July 31, 2024 alternatehold 5.25–5.50%With majority
December 13, 2023hold 5.25–5.50%With majority
November 1, 2023hold 5.25–5.50%With majority
September 20, 2023hold 5.25–5.50%With majority
July 26, 2023hike 5.25–5.50%With majority
June 14, 2023hold 5.00–5.25%With majority
May 3, 2023hike 5.00–5.25%With majority
March 22, 2023hike 4.75–5.00%With majority
February 1, 2023hike 4.50–4.75%With majority

Source: FOMC statements, federalreserve.gov. From June 2026 the statements name only dissenters; majorities are inferred from the voting roster.

On the record

September 21, 2026 Speech

OMFIF Event: Monetary Policy in an Uncertain World

If the forecast calls for large, persistent, recurring shocks, the central bank still has to restore price stability under its legal mandate—and the only way to bring inflation down is to raise rates and narrow the gap between supply and demand, even if it's not in the exact same sectors where the cost shocks are occurring.

May 8, 2026 SpeechHawkish

Hoover Institution Monetary Policy Conference 2026

Alan Greenspan argued that because there were strong corporate profits, declining unemployment, rising wages, and falling inflation, it must mean faster productivity growth, and on that basis, he argued against raising rates.

March 5, 2026 Speech

2026 Foreign Policy Association Financial Services Dinner

You're out of any business except following the dual mandate, which says that what drives monetary policy by law is stabilizing prices and maximizing employment. And you pledge to deal with whatever conditions come down the pike.

February 24, 2026 SpeechDovish

42nd Annual NABE Economic Policy Conference

Taking stock of 2025 overall, I think growth was solid and the labor market mostly held steady despite low headline job numbers; however, we stopped making progress on inflation. Some observers have interpreted the same data to mean the economy is teetering and may fall apart without more rapid action by the Federal Open Market Committee (FOMC).

February 28, 2025 SpeechHawkish

Remarks on Productivity Growth and Monetary Policy

In the late '90s, as personal computers, IT, and the internet were all on the rise—and despite rapid productivity growth and concerns that overheating could cause inflation—the Fed decided not to raise rates for an extended period. Lo and behold, there was not much inflation.

February 5, 2025 SpeechHawkish

Lessons from the Supply Side

It says the tariff inflation is not a sign of persistent overheating and therefore the central bank should ignore it when setting monetary policy.