Fed’s Goolsbee: if consumer remains strong, economy going to remain strong in World Economy News 15/04/2026 Chicago Federal Reserve President Austan Goolsbee said on Monday that oil futures markets are pricing an expectation the surge in oil prices related to the Iran War will be short-lived, and that as long as this is the case the impact on the U.S. economy may be limited. “As long as the consumer remains strong, I think the economic growth is going to remain strong,” Goolsbee said in an interview on Fox News. “If this were extended – if the price of gasoline were to remain at these kind of high levels or higher for a longer period – then we would have to reevaluate what does that mean for consumer spending; but if it goes how the market thinks it’s going to go, then it would be transitory.” Goolsbee said oil futures prices show people think this will be a short-run argument. He added that if oil was $90 per barrel month after month, it would start spilling over to other prices. The Fed official said not to be surprised if you see a souring of consumer sentiment, noting some breakdown of consumer sentiment as an indicator of behavior. Source: Investing.com 2026-04-15 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share