Fed's Goolsbee is on fence about need to cut rates in December
Yahoo Finance·2025-11-03 16:33
By Michael S. Derby (Reuters) -Federal Reserve Bank of Chicago President Austan Goolsbee said on Monday he's in no hurry to cut interest rates again with inflation still too far above the central bank's 2% target. "I'm not decided going into the December meeting" and "my threshold for cutting is a little bit higher than it was at the last two meetings," Goolsbee said in a Yahoo Finance interview. "I am nervous about the inflation side of the ledger, where you've seen inflation above the target for four a ...