Surprising statements came from Fed member Goolsbee! He spoke positively about interest rate cuts!

FED member Austan Goolsbee made important evaluations regarding recent economic developments.

Goolsbee stated that the inflation data has been quite positive so far, while the direct impact of the imposed tariffs has remained surprisingly limited. However, he expressed uncertainty about whether this situation would continue in the same way in the next 1-2 months.

Goolsbee said, "Despite the 'cloud of dust' created by all these customs duties, I still think interest rates may fall in the next 12-18 months." He also pointed out that if the current volatile process is overcome, the FED's dual mandate of ( price stability and maximum employment ) would present a very good outlook.

Goolsbee, who takes a cautious stance on the impact of customs duties on inflation, expressed reluctance to say that this effect will be temporary. He also added that the recently announced Personal Consumption Expenditures (PCE) inflation data could be the "last remnant" of the period before the impact of customs duties.

In the same minutes, FED Chairman Powell, who gave a speech, did not comment on expectations regarding the economy and interest rates.

*It is not investment advice.

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