Federal Reserve Bank of Chicago President Austan Goolsbee said Thursday he still has not yet made up his mind on whether to support cutting interest rates in September, and is still balancing out growing concern about the labor markets with lingering worries about persistent inflation.
"I don’t like tying my hands before we get to the meeting if there’s important data to come, which there is, before the next meeting, and I like hearing from my other colleagues," Goolsbee said. "It’s a live meeting but I haven’t made up my mind." (See: MNI INTERVIEW: Tariff Inflation Impact Broadens- ATL Fed Study)