Fed's Goolsbee calls for a hold on cuts as current rate of inflation is 'not good enough'

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The Chicago Fed president, Goolsbee, suggests holding off on interest rate cuts due to insufficient evidence of declining inflation rates.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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The Chicago Fed president said Tuesday that cuts aren't appropriate until there's more evidence that inflation is on its way down.

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Original article published by CNBC on February 24, 2026.
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