Fed Golsbee delivers hawkish commentary on upcoming FOMC decisions 🏛️

Chicago Fed President Austan Goolsbee said in a call a few minutes ago that it would be “entirely prudent” for the U.S. central bank to slow the pace of interest rate cuts as the current rate/inflation ratio approaches what could be considered a neutral setting for monetary policy. The EURUSD pair saw a small downward push following those comments.

Notably, Goolsbee’s comments echoed recent remarks by Federal Reserve Chairman Jerome Powell, who told reporters after the November 7 rate cut that “as we approach levels that are likely neutral or close to neutral, it may be appropriate to slow the pace at which we ease restrictions.”

1 October 2026, 3:10 PM

BREAKING: U.S. ISM Manufacturing Data Misses Expectations. Dollar Reacts Sharply

1 October 2026, 11:28 AM

EURUSD extends its decline 📉 Are high energy prices weighing on Europe?

1 October 2026, 6:46 AM

Economic Calendar - Global series of manufacturing PMI indicators and a marathon of central bankers' speeches

1 October 2026, 6:26 AM

Morning Wrap: Tech Rally in Asia Following Micron Results and Weakening Yen Despite Hawkish BoJ

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