Chicago Fed President Austan Goolsbee reiterated on Friday that policymakers should move cautiously with rate cuts as they navigate pressure to balance their inflation and employment goals. Also, Dallas Fed President Lorie Logan stated that the central bank remains further from achieving its inflation target than its maximum employment goal and reiterated that officials should take a cautious approach to cutting interest rates. In addition, Fed Vice Chair Philip Jefferson said, “With respect to the path of ...