I'm not comfortable frontloading rate cuts: Chicago Federal Reserve Bank president
Youtube·2025-12-19 06:00
It has been a week since three Federal Reserve members bucked the group's decision to cut interest rates by 25 basis points. Newly appointed Fed Governor Steven Myron, well, he voted for a jumbo cut. He wanted 50 basis points chopped off the interest rate.But Kansas City Fed President Jeff Schmid and Chicago Fed President Austin Goulsby both voted for a pause in rate cuts. Goulsby specifically noting he wanted more clarity on inflation data before another cut. Well, we just got it.The November consumer pric ...