Fed’s Goolsbee: Interest Rates Likely to Drop Significantly in the Coming Year
According to ChainCatcher, citing Jinshi News, Federal Reserve's Goolsbee stated that the latest Consumer Price Index data shows that tariffs are driving up goods inflation, and he is "slightly concerned" about this.
"It pains me to see debates about the independence of the Federal Reserve. There is hope for a significant decline in interest rates over the coming year."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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