Fed’s Goolsbee: Rate Cuts Possible if Uncertainty Is Resolved

According to a report by Jinse Finance, Federal Reserve's Goolsbee stated that a certain consensus on tariffs is needed to better understand their impact on inflation. Ongoing announcements regarding tariffs mean that tariffs cannot be interpreted as a one-time price increase. Any factor that increases the difficulty of determining whether we have achieved the 2% inflation target will extend the timeline for rate cuts. We still need to wait and see. If inflation remains moderate for several months, I will feel more reassured. If uncertainties are resolved, rate cuts are possible. If we begin to see deterioration in the labor market, this will become an important factor in my policy considerations.