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Fed's Goolsbee tells CNBC getting inflation lower is Fed's main job?

BY Reuters | ECONOMIC | 01/15/26 09:00 AM EST

Jan 15 (Reuters) - Federal Reserve Bank of Chicago President Austan Goolsbee said Thursday that ?amid ample evidence of stability ?in the job market ?the central bank ?should be focused ?on getting inflation down, ?in comments ?that kept alive the prospect of rate cuts ?later ?this ?year.

"There's still strength" in the job market and "I ?think the most important thing facing us is we've got to get inflation back to ?2%," ?Goolsbee said in an interview on ?CNBC. "Rates can go down still a fair amount" with cuts even happening this year, but "we have to have ?convincing evidence that we're on path back to 2% inflation." (Reporting ?by Michael S. Derby; )

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