FEDERAL RESERVE BANK OF CHICAGO GOVERNOR AUSTAN GOOLSBEE EXPLAINS INFLATION RISKS AND IMPACT ON POLICY
The Fed needs to be careful when cutting interest rates.
Inflation might slow down, but it's uncertain.
Financial decisions can affect prices and jobs.
The economy is growing strongly, and people are spending more.
There are still worries about inflation.
It’s hard to tell if rising prices are due to deeper problems or just temporary issues like tariffs.
Because of uncertainty, the Fed might slow down rate cuts.
