Federal Reserve officials are cautious about the prospect of a rate cut. Goolsby said tariffs could affect inflation and supply chains, and Barkin pointed to the complex impact of tariffs on inflation and demand. Click to view...
The Federal Reserve's Goolsbee said the unemployment rate is trending upward in direction, but the level remains low.
The Federal Reserve Goolsbee said that the Federal Reserve needs to focus on the employment task now; the Federal Reserve's forecast clearly shows the path of interest rate cuts; the speed and magnitude of interest rate cuts will be determined by data; the magnitude of the Federal Reserve's interest rate cuts is not the most important, the future path is the key; based on the current economic outlook, the Federal Reserve does not believe that interest rates will approach zero.
The Federal Reserve's Goolsbee expressed support for the Federal Reserve to start paying attention to the job market; inflation is on a path back to 2%; policy is currently at its tightest point in the entire rate hike cycle; Fed forecasts show broad support for rate cuts; and all the conditions for rate cuts hoped for have been met.