Back to today’s briefing

Story perspectives

Fed May Delay Rate Cuts Amid Trade Tensions

5/24/2025

37 7

Summary

Story summary

Chicago Federal Reserve President Austan Goolsbee has signaled that interest rate adjustments could be postponed as uncertainty looms over President Trump's tariffs. He stressed the importance of understanding how these tariffs affect prices before any decisions are made. With the Fed's next meeting approaching in mid-June, the possibility of rate cuts hangs in the balance amid escalating trade tensions.

1 of 1

Story summary

Chicago Federal Reserve President Austan Goolsbee has signaled that interest rate adjustments could be postponed as uncertainty looms over President Trump's tariffs. He stressed the importance of understanding how these tariffs affect prices before any decisions are made. With the Fed's next meeting approaching in mid-June, the possibility of rate cuts hangs in the balance amid escalating trade tensions.