Fed’s Goolsbee: Interest Rates Likely to Drop Significantly in the Coming Year
BlockBeats News, July 18 — Federal Reserve’s Goolsbee stated that the latest Consumer Price Index data shows tariffs are driving up goods inflation, and he is “slightly concerned” about this.
“It pains me to see debates about the Fed’s independence. Interest rates are expected to drop significantly in the coming year.” (Jin10)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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