US Fed's Goolsbee: Interest Rate Cut Possible in 10-16 Months, Warns of Severe Impact from 50% EU Tariff

Published: May 26, 2025 11:36

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[US Fed's Goolsbee: Interest rate cut still possible in the next 10-16 months] US Fed's Goolsbee: A 50% EU tariff is an order of magnitude different from the current situation, and such a high level of tariffs will have a severe impact on the supply chain. In the short term, the US Fed needs to wait for the situation to become clearer, and the threshold for action is high before that. An interest rate cut is still possible in the next 10-16 months.

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