Federal Reserve President Austan D. Goolsbee stated that it is incorrect to assume that the Federal Reserve only has the option to cut interest rates. According to Jin10, Goolsbee emphasized the importance of considering a range of monetary policy tools to address economic challenges. He noted that focusing solely on rate cuts could overlook other effective measures that the Fed can employ to manage economic conditions. Goolsbee's comments come amid ongoing discussions about the future direction of U.S. monetary policy.