Fed’s Goolsbee: Interest Rates Likely to Drop Significantly in the Coming Year

According to ChainCatcher, citing Jinshi News, Federal Reserve's Goolsbee stated that the latest Consumer Price Index data shows that tariffs are driving up goods inflation, and he is "slightly concerned" about this.

"It pains me to see debates about the independence of the Federal Reserve. There is hope for a significant decline in interest rates over the coming year."