Fed's Goolsbee is on fence about need to cut rates in December
ReutersNov 3, 2025 3:27 PM
Nov 3 (Reuters) - Federal Reserve Bank of Chicago President Austan Goolsbee said Monday he's in no hurry to cut interest rates again with inflation still running at overly high levels.
Citing the central bank's next rate-setting meeting, Goolsbee said in a Yahoo Finance interview that "I'm not decided going into the December meeting." He added, "I am nervous about the inflation side of the ledger, where you've seen inflation above the target for four and a half years, and it's trending the wrong way."
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