Federal Reserve's Goolsbee: Current rates should remain unchanged, tariffs may temporarily raise inflation
ChainCatcher news, according to Jin Shi reports, Federal Reserve official Goolsbee stated that it is currently the time to pause interest rate adjustments and take a wait-and-see approach, with a high threshold for policy changes. He pointed out that the labor market remains robust and is more inclined towards market inflation expectation data. Goolsbee believes that the current high tariff levels will temporarily push up inflation and harm economic growth, although some measures have been suspended. In addition, he stated that U.S. Treasuries remain the safest asset globally, and the recent strong auction of ten-year Treasuries has alleviated market concerns.
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