Markets Eye Federal Reserve: Goolsbee on Inflation, Bessent on Warsh
Key Highlights Chicago Fed President Austan Goolsbee signaled openness to rate cuts if inflation meaningfully decelerates toward the 2% target, while emphasizing the need for decisive action against price pressures. U.S. Treasury Secretary Scott Bessent expressed confidence in Fed Chairman Kevin Warsh and noted President Donald Trump shares that confidence, alongside an expansion of the ...