US Chicago Fed President Goolsbee urges caution on rate cuts

Chicago Fed President Goolsby stated that due to economic uncertainty, the Fed must be cautious when cutting interest rates. In a radio interview, he pointed out that despite strong consumer spending and economic growth, people are concerned that inflation may rise again. Goolsby emphasized that fiscal decisions affecting prices and employment need to be carefully evaluated. He also warned that distinguishing inflation from temporary effects such as economic overheating and tariffs may be difficult.