Chicago Fed’s Goolsbee urges pause on rate cuts as 3% inflation ‘not good enough’
Chicago Federal Reserve President Austan Goolsbee told an audience at the National Association for Business Economics on Feb. 24, 2026 in Washington, D.C., that cutting interest rates should wait until there is clearer evidence that inflation is moving back toward the Fed’s 2% objective. He noted that while headline pressures have eased from their peaks, … Read more