Chicago Fed President Goolsbee sees rate cuts depending on inflation progress
1. Fed officials anticipate future interest rate cuts amid rising uncertainty. 2. Concerns over tariffs impact business investment decisions and economic growth. 3. Stagflation risks are rising but current data shows strong employment. 4. FOMC projects two rate cuts by 2025, markets expect three. 5. Goolsbee emphasizes waiting for policy clarity before capital investments.