-
Fed's Goolsbee calls for a hold on cuts as current rate of inflation is 'not good enough'
Chicago Federal Reserve President Austan Goolsbee said Tuesday that interest rate cuts aren’t appropriate until there’s more evidence that inflation is on its way down. With recent indicators showing that inflation well off its highs but still above the Fed’s 2% target, Goolsbee noted that policymakers “have been burned by assuming transitory inflation” in the past and shouldn’t make the same mistake again. “I feel that front-loading too many rate cuts is not prudent in that circumstance,” he said in remarks before the National Association for Business Economics at its annual gathering in Washington, ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
Numerous stories from the Fake News Media have been circulating stating that General Daniel Caine, sometimes referred to as Razin, is against us going to War with Iran. The story does not attribute this vast wealth of knowledge to anyone, and is 100% incorrect. General Caine, like all of us, would like not to see War but, if a decision is made on going against Iran at a Military level, it is his opinion that it will be something easily won. He knows Iran well in that he was in charge of Midnight Hammer, the attack on the Iranian Nuclear Development. It is a Development no longer, but rather, was blown to smithereens by our Great B-2 Bombers. Razin Caine is a Great Fighter, and represents the Most Powerful Military anywhere in the World. He has not spoken of not doing Iran, or even the fake limited strikes that I have been reading about, he only knows one thing, how to WIN and, if he is told to do so, he will be leading the pack. Everything that has been written about a potential War with Iran has been written incorrectly, and purposefully so. I am the one that makes the decision, I would rather have a Deal than not but, if we don’t make a Deal, it will be a very bad day for that Country and, very sadly, its people, because they are great and wonderful, and something like this should never have happened to them. PRESIDENT DONALD J. TRUMP
Japanese Prime Minister Sanae Takaichi voiced concerns about raising interest rates to Bank of Japan's Governor Kazuo Ueda during their meeting on February 16, Mainichi Shimbun reported on Tuesday, citing multiple sources. Takaichi refused to disclose details of the meeting to the press. Nevertheless, the sources revealed that her "stance was stricter than ...
From financefeeds.com | Feb 24, 2026
According to the latest industry reports, the Federal Reserve (Fed) is proposing the removal of “reputation risk” as an explicit category in its bank supervision framework. The proposal is open to the public for a 60-day period, allowing market participants to have their say on the possibility of stripping banks of the reputation risk and supervision ...
