Fed’s Goolsbee says he’s uncomfortable front-loading too many rate cuts

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Chicago Federal Reserve President Austan Goolsbee on Friday explained why he voted against this week’s interest rate cut, saying policymakers should have waited until they had more information before easing further.

“I’m pretty optimistic that for 2026 rates will will be able to be a fair bit lower than they are today,” the central banker said during a CNBC interview.