Goolsby: The Federal Reserve should focus on reducing inflation.

According to ChainCatcher, citing Jinshi, Chicago Federal Reserve President Goolsby stated on Thursday that given ample signs of a stable job market, the central bank should focus on reducing inflation. He pointed out that the current job market remains strong, and the most important issue is to bring inflation back to 2%. Goolsby believes there is still significant room for interest rate cuts, and a rate cut may be implemented this year, but only if there is convincing evidence that inflation is returning to a 2% trajectory.