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2026-02-17 23:43:20
[Chicago Fed President Goolsbee: Further Rate Cuts Possible Only if Inflation Continues to Decline] Chicago Federal Reserve Bank President Austan Goolsbee said on Tuesday that the Fed is poised to continue cutting interest rates if inflation data shows further signs of decline. Goolsbee expressed caution regarding last week's CPI report (which showed overall inflation falling to 2.4%). He stated that it remains uncertain whether the slowdown in prices will be sustained and that the Fed will closely monitor the long-term impact of tariff policies.
