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Fed Officials Say Rate Cuts Could Be Considered If Inflation Does Not Spiral

Fed Officials Say Rate Cuts Could Be Considered If Inflation Does Not Spiral

Chaincatcher

Chaincatcher2025/08/15 13:02

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According to ChainCatcher, citing Jinshi News, Federal Reserve official Goolsbee stated that if there are signs in September or later in the fall indicating that the economy is not caught in an inflationary spiral, the Federal Reserve could consider cutting interest rates.

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U.S. stocks closed three hours early due to the Thanksgiving holiday, with the three major indexes collectively rising for the fifth consecutive trading day.

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