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Goolsbee: All interest rate options are being considered by the Federal Reserve

Goolsbee: All interest rate options are being considered by the Federal Reserve

ChaincatcherChaincatcher2026/05/08 19:23
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ChainCatcher news, according to Golden Ten Data, Chicago Fed President Goolsbee stated that all interest rate options are currently under consideration, not just rate cuts. At the end of April, the Federal Reserve kept rates unchanged, with three officials opposing the wording in the statement that suggested the next step could be a rate cut, advocating instead for keeping the possibility of a rate hike. Goolsbee's remarks reflect a shift among Federal Reserve policymakers, mainly due to the inflation driven by the energy price shock caused by the Iran war. He reiterated that both rate cuts and hikes are being considered and expressed concern about inflation, believing there are price pressures beyond just the energy shock.

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