Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
27 March 2025 | Dollar

Chicago Fed President sees slower pace of rate cuts due to US economic uncertainty

GBPUSD
AUDUSD
EURUSD
USDJPY
USDCAD
Chicago Fed President sees slower pace of rate cuts due to US economic uncertainty

According to the president of the Federal Reserve Bank of Chicago Austan Goolsbee, the US interest rate will be slightly lower in 12–18 months. The official does not expect the cost of borrowing to drop soon due to US economic uncertainty.

Goolsbee believes that rising US inflation may become a serious cause for the Federal Reserve's concern when making monetary policy decisions. At the March 18–19 meeting, the US central bank left the rate steady at 4.25–4.5%. However, officials made it clear that they plan to deliver more easing later this year.

Fed Chair Jerome Powell says US President Donald Trump's trade policies will delay the regulator's progress in reducing inflation this year. However, according to the central bank's forecasts, the impact of tariffs on consumer prices will be short-lived.

Anton Volkov MarketCheese

Recommended

Australia. CFTC AUD speculative net positions. The value of the indicator has decreased from -98.6K to -117.3K
Yesterday at 7:30 PM
United Kingdom. CFTC GBP speculative net positions. The value of the indicator has decreased from -97.6K to -107K
Yesterday at 7:30 PM
Canada. CFTC CAD speculative net positions. The value of the indicator has decreased from -90.2K to -94.8K
Yesterday at 7:30 PM
Japan. CFTC JPY speculative net positions. The value of the indicator has decreased from 62.3K to 50.2K
Yesterday at 7:30 PM
European Union. CFTC EUR speculative positions. The value of the indicator has decreased from -99.3K to -137.6K
Yesterday at 7:30 PM
Top news
European Union. Trade Balance. The value of the indicator has decreased from 10.7B to -16.1B
Yesterday at 9:00 AM
European Union. CPI (MoM). The value of the indicator remained at the same level of 0.6%
Yesterday at 9:00 AM
United States. Retail Sales (MoM). The value of the indicator has decreased from 1.3% to 0.8%
15 October
United States. CPI (YoY). The value of the indicator has increased from 3.4% to 3.7%
14 October
United States. Trade Balance. The value of the indicator has decreased from $-92.8B to $-105.6B
6 October
All news

Forecasts

GBPUSD buy
Period: 16.11.2026 Expectation: 5700 pips
Invest in GBPUSD up to 1.38700
Indicators and reports FA Other Chart analysis Hot news
Yesterday at 10:10 AM 28
Sinclair_John
AUDCAD sell
Period: 31.10.2026 Expectation: 1300 pips
Selling AUDCAD from 0.9890
FA Other Chart analysis
Yesterday at 08:51 AM 18
McCarthy_Raymond
Brent buy
Period: 16.11.2026 Expectation: 280 pips
Buy Brent crude with $106.15 in view
Indicators and reports FA Other Chart analysis Hot news
Yesterday at 08:51 AM 18
Reed_Marcus
AUDUSD sell
Period: 31.10.2026 Expectation: 500 pips
Go short on AUDUSD due to anemic labor market in Australia
FA Other TA Other
15 October 2026 55
McCarthy_Raymond
USDJPY sell
Period: 15.11.2026 Expectation: 6000 pips
USDJPY sell-off targets 152.00
Indicators and reports FA Other Chart analysis Hot news
15 October 2026 71
Reed_Marcus
ETHUSD sell
Period: 15.11.2026 Expectation: 265 pips
Sell ETHUSD upon breaking $2,350 support
Indicators and reports FA Other Chart analysis Hot news
15 October 2026 49
Sinclair_John
Go to forecasts