Fed's Goolsbee Suggests Potential Rate Cuts Amid Economic Uncertainty

According to BlockBeats, Federal Reserve official Austan Goolsbee indicated that there is a possibility of interest rate cuts within the next 10 to 16 months. He highlighted that the current EU tariffs are significantly higher than usual, which could severely impact supply chains. Despite market volatility, Goolsbee maintains that the economy remains robust. He noted that if tariffs and uncertainties do not pose a threat to inflation, interest rates might eventually decrease.