Fed official sends strong message about interest-rate cuts

Here's what could happen to interest rates next.

May 26, 2025 - 10:30
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Fed official sends strong message about interest-rate cuts

President Donald Trump’s most up-to-date whipsaw tariff threats - including a 50% hike on European Union goods and calls for that Apple and Samsung assassinate telephones in the US – comprise no longer best no longer easy global switch however are inclined to prolong ardour charge cuts.

That’s in conserving with Chicago Federal Reserve President Austan Goolsbee, who said May 23 that Trump’s most up-to-date tariff threats comprise no longer easy coverage and likely place off modifications to ardour rates.

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