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progree

(12,551 posts)

13. Fed's Goolsbee, Cook, Daly join growing chorus of officials undecided on December rate cut Yahoo Finance, 11/3/25

Reply to BumRushDaShow (Original post)

Mon Nov 3, 2025, 03:22 PM

Nov 3

Fed's Goolsbee, Cook, Daly join growing chorus of officials undecided on December rate cut Yahoo Finance, 11/3/25 https://finance.yahoo.com/news/feds-goolsbee-cook-daly-join-growing-chorus-of-officials-undecided-on-december-rate-cut-174850474.html
Chicago Federal Reserve president Austan Goolsbee said he is undecided about whether to cut interest rates again in December.

. . . noting that core inflation over the past three months has been running at 3.6% on an annualized basis, ... "That's worrying because that's going the wrong way,"

So, it's not just me that looks at the 3-month average. Fed chair Powell also mentioned the 3-months and 6-month averages being elevated back in December or thereabouts.