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Fed's Goolsbee calls for a hold on cuts as current rate of inflation is 'not good enough'

By CNBC February 24, 2026 Bearish
Fed's Goolsbee calls for a hold on cuts as current rate of inflation is 'not good enough'
Chicago Federal Reserve President Austan Goolsbee said Tuesday that interest rate cuts aren't appropriate until there's more evidence that inflation is on its way down. "People express that prices are one of their most pressing concerns.
Chicago Federal Reserve President Austan Goolsbee said Tuesday that interest rate cuts aren't appropriate until there's more evidence that inflation is on its way down. "People express that prices are one of their most pressing concerns.