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Fed's Goolsbee: Interest Rates Expected to Drop Significantly in the Coming Year

Summary: According to sources, Fed's Goolsbee stated that the latest consumer price index data shows tariff-induced inflation in goods, expressing slight concerns about it. He expressed sadness over the debate on the Fed's independence. Interest rates are expected to drop significantly in the coming year.

According to sources, Fed's Goolsbee stated that the latest consumer price index data shows tariff-induced inflation in goods, expressing slight concerns about it. He expressed sadness over the debate on the Fed's independence. Interest rates are expected to drop significantly in the coming year.

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