Fed's Goolsbee: A rate cut is possible if uncertainty is removed.

robot
Abstract generation in progress

[Fed's Goolsbee: A rate cut is possible if uncertainty is eliminated] Fed's Goolsbee: We need to reach some consensus on the tariff issue to better understand its impact on inflation. The ongoing announcements regarding tariffs mean that tariffs cannot be interpreted as a one-time price rise. Any factors that increase the difficulty of assessing whether we achieve the 2% inflation target will extend the timeline for a rate cut. We also need to wait and see. If inflation remains moderate for several months, I would feel more at ease. A rate cut is possible if uncertainty is eliminated. If we start to see a deterioration in the labor market, this will become an important factor in my policy considerations.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)