Research Fixed Income
News, Events, & Reports

Print.

Print

Small font size A Larger text size A Largest text size A

Fed's Goolsbee repeats he is uneasy on rate cuts

BY Reuters | ECONOMIC | 11/20/25 01:15 PM EST

(Reuters) -Chicago Federal Reserve President Austan Goolsbee repeated on Thursday he is "uneasy" about frontloading interest-rate cuts, particularly with progress on inflation towards the Fed's 2% goal looking to have stalled and starting to go the wrong way.

"In my view, this underlying the economy is pretty strong and I feel like eventually we are going to be back to, rates can come down a fair amount, but in the near term I'm a little uneasy front loading too many rate cuts, and counting on (that) this will be transitory and inflation will go back down," Goolsbee told the Chartered Financial Analyst Society of Indianapolis.

The lack of official data due to the government shutdown, he said, makes him even more uneasy because without it the Fed does not have as much visibility into price pressures as it does on the state of the labor market.

(Reporting by Ann Saphir; Editing by Chris Reese)

More Fixed Income News

Fed Policy Easing Expectations Help Push Gains in US Equity Indexes This Week BY MT Newswires |ECONOMIC 04:49 PM EST
Nasdaq Extends Advance, Wall Street Logs Weekly Gain Amid Rate Cut Optimism BY MT Newswires |ECONOMIC 04:47 PM EST
Where Labor Data Goes, FED Should Shortly Follow BY Benzinga |ECONOMIC 04:19 PM EST
Munis little changed ahead of $10B new-issue calendar BY SourceMedia Bond Buyer |MUNICIPAL 04:02 PM EST

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

© 1998 – 2014 FMR LLC.

All rights reserved.

fir_news_article