Good inflation indicators for “a few more months” are needed = US Chicago Fed President

President Goolsby of the Chicago Area Federal Reserve stated on the 14th that he received a sense of security when the economic indicators announced this week showed that inflation in May had slowed down, but even so, he would like to confirm similar data for “a few more months” before interest rates were cut.
President Goulsby assessed that “major progress has actually been made” on the US Federal Reserve (FRB) policy for the past 18 months. On top of that, it was stated that “it is necessary to confirm further progress” before interest rate cuts.