Fed’s Goolsbee Says Several Cuts Possible If Inflation Declines

Federal Reserve Bank of Chicago President Austan Goolsbee repeats interest rates could come down further in 2026 if there is more evidence inflation is headed toward the central bank’s 2% target.

• “As long as we’re seeing the progress on inflation that people are forecasting, I have some confidence rates can come down several more times this year,” Goolsbee says Thursday during an interview on Fox News
• “I just don’t want to front-load it too much, before we actually have the evidence that the inflation is headed back where we want,” he says
• NOTE: Goolsbee does not vote on monetary policy ...