HawkInsight

  • Contact Us
  • App
  • English

Federal Reserve Goolsbee: If tariffs do not lead to high inflation, interest rate cuts will resume

Internet reports that the Federal Reserve Goolsbee said that since Trump imposed tariffs on April 2, there has been a lack of significant inflationary pressure, which may allow the Federal Reserve to cut interest rates again. He recalled that the Federal Reserve was expected to lower interest rates at the beginning of the year and suspended interest rates, mainly because of policy uncertainty. "If we don't see the inflation caused by these tariff increases, then in my opinion we have never left what I call the golden road before April 2," Goolsbee said. He likened tariffs to "throwing a lot of dust into the air, so it's hard to see if you're still on the road." "If there is no dust in the air, then I think we should proceed with (rate cuts)."

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More