The Fed, Unreserved with Chicago Fed President Austan Goolsbee

As the Fed's new leadership navigates persistent inflation and economic uncertainty, Jon is joined by Austan Goolsbee, President of the Federal Reserve Bank of Chicago, to better understand how America's most powerful economic institution actually works. Together, they explore the Fed's origins and mandate, examine what the Fed can do as prices remain stubbornly high, and consider how the economic operating system Americans live within can work better for everyone. Plus, Jon takes listeners’ questions about fact-checking Trump, understanding Fetterman, and farts! This episode is brought to you by: SMALLS - For a limited time, get 60% off your first order, plus free shipping, when you head to https://Smalls.com/TWS. SHOPIFY - Turns out you don’t need a real job. Build your own business with a free trial at https://shopify.com/tws AVOCADO GREEN MATTRESS -  Find an Avocado near you or shop online at https://AvocadoGreenMattress.com/TWS  — and check out their mattress and bedding sale! MAGIC SPOON - Get $5 off your next order at https://magicspoon.com/tws Follow The Weekly Show with Jon Stewart on social media for more:  > YouTube: https://www.youtube.com/@weeklyshowpodcast > Instagram: https://www.instagram.com/weeklyshowpodcast > TikTok: https://tiktok.com/@weeklyshowpodcast  > X: https://x.com/weeklyshowpod   > BlueSky: https://bsky.app/profile/theweeklyshowpodcast.com Host/Executive Producer – Jon Stewart Executive Producer – James Dixon Executive Producer – Chris McShane Executive Producer – Caity Gray Producer – Brittany Mehmedovic  Producer – Gillian Spear Video Editor & Engineer – Rob Vitolo Audio Editor & Engineer – Nicole Boyce Music by Hansdle Hsu Learn more about your ad choices. Visit podcastchoices.com/adchoices