Fed's Goolsbee: Interest rates should remain unchanged for now, tariffs may push up inflation in the short term

PANews reported on April 11 that according to Jinshi, Federal Reserve official Goolsbee stated that now is the time to pause interest rate adjustments and adopt a wait-and-see stance, with a high threshold for policy changes. He pointed out that the job market remains robust and is more inclined towards market inflation expectation data. Goolsbee believes that the current high tariff levels will temporarily push up inflation and harm economic growth, although some measures have been suspended. Additionally, he said that U.S. Treasury bonds remain the safest global asset, and the recent strong 10-year Treasury bond auction has alleviated market concerns.