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.”

23 October 2026, 6:47 PM

Three markets to watch next week (23.10.2026)

23 October 2026, 7:49 AM

BREAKING: France slows down, Germany holds on. Euro falls below 1.12

23 October 2026, 7:12 AM

Chart of the Day: Is USDJPY running out of road? Inflation forces the BoJ to act, but the Fed could spoil the Yen’s rally

23 October 2026, 6:05 AM

Macro Calendar: Preliminary PMI Readings and Earnings Ahead

Forex

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