Federal Reserve official Austan Goolsbee said on Sept. 21 that he would have no objection to interest rate cuts if there is solid evidence showing inflation is moving back toward the 2% target, according to BlockBeats. The remark ties any easing in rates to clearer confirmation on inflation rather than signaling an immediate move. No additional policy details, timing, or market implications were provided in the source. The statement was brief and focused on the condition under which Goolsbee would support lower rates: convincing evidence that inflation is returning to 2%.
According to BlockBeats on Sept. 21, Federal Reserve official Austan Goolsbee said he would have no objection to rate cuts if there is firm evidence that inflation is falling back to 2%.
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