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Chicago Fed President Goolsbee 'a little wary' about cutting interest rates too quickly
CNBCยท2025-10-03 13:20

Chicago Federal Reserve President Austan Goolsbee said Friday he's leery of cutting interest rates too quickly as threats increase both inflation and employment.In a "Squawk Box" interview on CNBC, the central banker indicated that pressure is coming to both sides of the Fed's so-called dual mandate of stable prices and low unemployment."This uptick of inflation that we've been seeing, coupled with the payroll jobs numbers deteriorating, have put the central bank in a bit of a sticky spot where you're getti ...