Chicago Fed President Goolsbee tells the Wall Street Journal in an interview Friday (link) that this week's latest round of tariff announcements could force him and the FOMC to wait for longer before having enough clarity to cut rates.
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In the inter-meeting period, FOMC participants were also seen:
From our Key Inter-Meeting Fed Speak publication (PDF Here): While Chair Powell didn’t make any commentary on current monetary policy in the inter-meeting period, his FOMC colleagues provided plenty. And almost all repeated the same language to varying degrees to make the point that the Committee could and should be patient in its upcoming rate decisions: