Fed's Goolsbee explains vote against rate cut, says central bank should have waited

Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago, speaks to the Economic Club of New York in New York City, U.S., April 10, 2025.Chicago Federal Reserve President Austan Goolsbee on Friday explained why he voted against this week's interest rate cut, saying policymakers should have waited until they had more information before easing further."While I voted to lower rates at the September and October meetings, I believe we should have waited to get more data, especially about inflati ...