Federal Reserve's Goolsbee: If large-scale tariffs can be avoided, policy interest rates can be lowered

Federal Reserve's Goolsbee stated that if large-scale tariffs can be avoided, considering the economic fundamentals and inflation trends, the Federal Reserve may lower interest rates. He compared the economic impact of tariffs to a layer of fat on healthy abs, believing that removing tariff uncertainty would lead to a stronger economy. Goolsbee mentioned that the current uncertainty surrounding tariffs causes businesses to be cautious, affecting the Federal Reserve's decision-making