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Morning Brew Daily

How the Fed Evaluates Inflation During a Shutdown, with the Chicago Fed President

Morning Brew Daily

Morning Brew

Business News, News, Business

4.43K Ratings

🗓️ 16 October 2025

⏱️ 32 minutes

🧾️ Download transcript

Summary

Episode 693: In this very special episode, Neal and Toby sit down with the president of the Federal Reserve Bank of Chicago Austan Goolsbee to discuss how the country’s central bank is managing the data blackout from the government shutdown. Whether or not AI is actually affecting jobs for early grads or if it's just hype. Also, the importance of the Fed maintaining its independence from political influence. Then, it’s an inside look into the voting process of a FOMC meeting.  Get your paper tablet at https://www.remarkable.com today Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY  Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠  Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:32.0

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0:35.7

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0:40.2

Good morning, Brew Daily show.

0:42.8

I'm Neil Fryman.

0:43.6

And I'm Toby Howell.

0:44.4

Today, a Fed president takes us in the room where it happens.

0:47.7

Then the gym bros are coming for your pastries.

0:50.3

Protein pop tarts are now a thing.

0:52.2

It's Thursday, October 16th.

0:54.5

Let's ride.

0:59.6

Good morning.

1:00.7

Today's show is going to be a little different, but in an exciting way.

1:04.5

Yesterday, we spoke to Chicago Fed President Austin Gouldsby in this studio.

1:09.2

Thank you for your questions, by the way.

1:10.8

And while going in, we expected to use that interview for a part of the show.

1:14.0

The conversation was so interesting.

1:16.0

We kept the tape running and are going to bring you about 20 minutes of Austin.

1:19.6

Then wrap it up with some final news headlines, of course.

...

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