Fed's Goolsbee Says All Interest Rate Options on the Table, May 9

GateNews

According to Chicago Federal Reserve President Austan Goolsbee on May 9, all interest rate options remain under consideration, including rate increases, reversing the Fed’s recent focus on potential cuts. The shift reflects policymakers’ concern over inflation pressures stemming from energy shocks related to the Iran conflict, with Goolsbee reiterating that both rate hikes and cuts are possible as the central bank reassesses its stance.

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