⬅️ The President of the Federal Reserve Bank of Chicago, Goolsbee, still believes optimistically that interest rates may experience a sharp decline next year.
⬅️ Goolsbee expressed his concerns about a rapid reduction in interest rates, given the inflation in recent years.
⬅️ Goolsbee opposed the recent interest rate cut because he believes the Federal Reserve should wait for more information, especially regarding the inflation trajectory.
⬅️ Goolsbee pointed out that there is no indication of a rapid deterioration in the labor market that would prevent the Federal Reserve from waiting until early 2026 to cut interest rates again.
