US rate hike on the table as inflation persists: Chicago Fed chief

Goolsbee 'sympathetic' to new Fed Chair Warsh's criticism of forward guidance

Austan Goolsbee, president of the Federal Reserve Bank of Chicago, spoke with Nikkei in Tokyo on May 27. (Photo by Sora Kitajima)

TOKYO -- With inflation showing no sign of cooling, there is "certainly a possibility" that the U.S. Federal Reserve's next policy move will be a rate hike, Austan Goolsbee, president of the Federal Reserve Bank of Chicago, told Nikkei.