Chicago Fed's Goolsbee says he's cautious about further rate cuts during shutdown

Chicago Fed's Goolsbee says he's cautious about further rate cuts during shutdown

The central bank official said told CNBC that he has concerns because of the lack of inflation reports.

Fed’s Goolsbee: Lack of inflation data raises caution on rate cuts

Chicago Fed President Austan Goolsbee expressed concern that the ongoing data blackout caused by the government shutdown could hinder the Fed’s ability to judge inflation accurately. Speaking on CNBC, he said the lack of near-term readings makes him “more uneasy” about continuing with interest-rate cuts. “If there are problems developing on the inflation side, it’s […] The post Fed’s Goolsbee: Lack of inflation data raises caution on rate cuts a…