Fed's Goolsbee says he is undecided on September rate cut

Sept 4 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee on Thursday said he is unsure if an interest-rate cut will be appropriate at the Fed's September 16-17 meeting because of continued uncertainty about how much tariffs may accelerate inflation, and how much they may be weighing on the labor market.

"It's a live meeting for me, but I haven't, I haven't made-up my mind on that," Goolsbee said at an event hosted by mHub, adding that the government's monthly job report due Friday and inflation data next week, along with the policy discussion around the Fed's rate-setting table, will help him decide.

Bets in financial markets currently reflect overwhelming confidence that the Fed will cut this month to prevent the labor market from cooling further.