--- title: "Federal Reserve official Goolsbee: hopes the FOMC can start cutting interest rates before the end of the year" type: "News" locale: "en" url: "https://longbridge.com/en/news/278125657.md" description: "Chicago Federal Reserve President Goolsbee: Today's non-farm payroll report is clearly below expectations. If we see such data for several months, it will raise concerns. Non-tariff inflation has consistently been significantly high. I still hope to see progress on the inflation issue. We expect to start cutting interest rates before the end of 2026. (Bloomberg TV)" datetime: "2026-03-06T14:57:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278125657.md) - [en](https://longbridge.com/en/news/278125657.md) - [zh-HK](https://longbridge.com/zh-HK/news/278125657.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278125657.md) | [繁體中文](https://longbridge.com/zh-HK/news/278125657.md) # Federal Reserve official Goolsbee: hopes the FOMC can start cutting interest rates before the end of the year Chicago Federal Reserve President Goolsbee: Today's non-farm payroll report is clearly below expectations. If we see such data for several months, it will raise concerns. Non-tax inflation has consistently been significantly high. I still hope to see progress on the inflation issue. We expect to start cutting interest rates before the end of 2026. (Bloomberg Television) ### Related Stocks - [Dow Jones Industrial Average (.DJI.US)](https://longbridge.com/en/quote/.DJI.US.md) - [The Financial Select Sector SPDR® ETF (XLF.US)](https://longbridge.com/en/quote/XLF.US.md) - [Fidelity MSCI Financials ETF (FNCL.US)](https://longbridge.com/en/quote/FNCL.US.md) - [Vanguard Financials ETF (VFH.US)](https://longbridge.com/en/quote/VFH.US.md) - [S&P 500 (.SPX.US)](https://longbridge.com/en/quote/.SPX.US.md) - [iShares US Broker-Dealers&Secs Exchs ETF (IAI.US)](https://longbridge.com/en/quote/IAI.US.md) ## Related News & Research - [What's Next: Marex Group's Earnings Preview](https://longbridge.com/en/news/277487356.md) - [ANALYSIS-Jefferies faces scrutiny over lending to collapsed MFS and First Brands](https://longbridge.com/en/news/277766571.md) - [Citigroup Inc. Purchases 27,336 Shares of Viking Holdings Ltd. $VIK](https://longbridge.com/en/news/277905595.md) - [Fed terminates enforcement action imposed on Wells Fargo due to fake accounts scandal](https://longbridge.com/en/news/277963231.md) - [BlackRock expands access to U.S. leveraged loan market with index ETF](https://longbridge.com/en/news/277794935.md)