Chicago Fed President Goolsbee Urges Caution on Rate Cuts Amid ‘Foggy’ Data Blackout
Chicago Federal Reserve President Austan Goolsbee has urged a cautious approach to further interest rate cuts as the U.S. central bank continues to navigate a period without official government data due to the ongoing federal shutdown. Speaking to CNBC on Thursday, Goolsbee said the absence of official inflation figures “accentuates” his preference for restraint when…