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TechFlow news, July 18 — According to Jinshi Data, Federal Reserve's Austan Goolsbee stated that the latest Consumer Price Index data shows tariffs are driving up goods inflation, which he views with slight concern. "Seeing debates about the Fed's independence pains me. We could see significant rate cuts over the next year."
According to Jinshi Data, Federal Reserve's Austan Goolsbee said the latest Consumer Price Index data shows tariffs are pushing up goods inflation, which he views with slight concern. Seeing debates about the Fed's independence pains me. Interest rates have the potential to decline significantly over the next year.
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