According to BlockBeats, on June 24, Fed's Goolsbee said that the lack of obvious inflationary pressure since Trump imposed tariffs on April 2 may enable the Fed to cut interest rates again. He recalled that the Fed expected to lower interest rates at the beginning of the year and paused the rate cuts, mainly due to policy uncertainty.
"If we don't see inflation as a result of these tariff increases, then in my opinion we never left what I call the golden path before April 2," Goolsbee said, comparing tariffs to "throwing a lot of dust in the air, so it's hard to see if you're still on the path." "If there's no dust in the air, then I think we should proceed (with rate cuts)." (Jinshi)