Fed's Goolsbee forecasts several more rate cuts this year, but not soon

SelfRugger · 2026-04-08T10:53:05+00:00

Fed President Austan Goolsbee predicts multiple interest-rate cuts later in 2026 but emphasizes caution to avoid overheating the economy and inflation, awaiting evidence that inflation trends toward the Fed's 2% target.

SelfRugger

2026-04-08 10:53:05

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Fed’s Goolsbee forecasts several more rate cuts this year, but not soon

Reuters

Fri, February 27, 2026 at 4:50 AM GMT+9 1 min read

Feb 26 (Reuters) - Chicago Federal Reserve President Austan ‌Goolsbee said on Thursday ‌his forecast for several interest-rate cuts later this year makes him one of the more “optimistic” Fed policymakers, but ‌said he ⁠wants the Fed to be “careful” in doing ⁠so because it could overheat the economy and inflation.

“I have some confidence rates can ‌come down several more times this year in 2026,” Goolsbee said in an interview on Fox News. “I ‌just don’t want to front load it too much before ‌we actually have the evidence that the inflation is headed” back down to the ‌Fed’s 2% goal.

(Reporting by Ann Saphir; Editing by Chris Reese)

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