US Stocks | US Fed's Goolsbee: 'Several' rate cuts possible this year if inflation gets on track to 2%

  • Posted on February 17, 2026
  • By Business News Today
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US Stocks | US Fed's Goolsbee: 'Several' rate cuts possible this year if inflation gets on track to 2%

The U.S. Federal Reserve could approve "several more" interest rate cuts ​this year if inflation resumes a decline to the central bank's 2% target, Chicago Fed President Austan Goolsbee said on Tuesday, downplaying a recent weak consumer price report as masking strong service price increases.
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