PANews reported on April 11 that according to Jinshi, Fed official Goolsbee said that it is time to suspend interest rate adjustments and take a wait-and-see stance, and the threshold for policy changes is high. He pointed out that the job market is still strong and is more inclined to market inflation expectations. Goolsbee believes that the current high tariff level will push up inflation and hurt economic growth in the short term, although some measures have been suspended. In addition, he said that U.S. bonds are still the safest assets in the world, and the recent strong 10-year Treasury auction has eased market concerns.
Fed's Goolsbee: Interest rates should remain unchanged for now, tariffs may push up inflation in the short term
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