Chicago Fed's Goolsbee says he's cautious about further rate cuts during shutdown
CNBC·2025-11-06 22:29
Chicago Federal Reserve President Austan Goolsbee on Thursday expressed hesitation about lowering interest rates further because the government shutdown has resulted in a blackout on key inflation data.While Goolsbee has otherwise been an advocate for gradually lowering rates, the central bank official said during a CNBC interview that he has concerns over the lack of important price reports, particularly with general inflation recently trending higher."If there are problems developing on the inflation side ...