In accordance with BitcoinWorld, Chicago Fed President Austan Goolsbee has stated that a 50 basis point rate cut is not currently under consideration. The Fed is maintaining a cautious approach, prioritizing inflation control and economic stability over aggressive monetary easing. Goolsbee emphasized that any rate adjustments will be data-dependent and likely incremental, with a 25 basis point cut being a more probable scenario if conditions warrant.
Chicago Fed's Goolsbee Rules Out 50 bp Rate Cut for Now
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