Fed Goolsbee worried about the possible continued port shutdown. Case for rate cuts clear.

Chicago Fed Pres. Goolsbee (2025 voting member and dove) speaking on FOXBusiness news says

• He is worried about the possible continued port shutdown
• The Fed is cutting rates because the economy has normalize
• The jobs market is sustainable
• Interest rates coming down is the order the day.
• Cautionary indicators on the job market
• The most important thing about rate cuts is the process of easing
• There will be a lot of rate cuts.
• Inflation is coming in close to target.
• Case or cutting rates is clear. Nothing to do with politics.

This article was written by Greg Michalowski at www.forexlive.com.