According to CNBC, Chicago Fed President Austan Goolsbee said in an interview with PBS that the October inflation report was "close to disturbing," noting that the U.S. is facing a real inflation problem that the Federal Reserve needs to address. He stated that price drivers such as tariffs have not faded away as he had expected, and persistent high inflation in the services sector is also concerning; however, he did not explicitly state whether he supports a rate hike at the December meeting.