Chicago Federal Reserve President: If trade uncertainty is eliminated, the Federal Reserve can advance the rate cut process
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Chicago Federal Reserve President Austan Goolsbee stated that if trade uncertainties are resolved, the Federal Reserve could advance the rate-cutting process. He believes that the fundamentals of the U.S. economy are good, the labor market is strong, and inflation data is performing well. Goolsbee has a dovish stance within the Federal Open Market Committee and expects that the Federal Reserve's policy rate may be significantly lowered in the next 15 months. The Federal Reserve will hold a policy meeting on June 17-18, and investors expect rates to remain unchanged
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