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

Chicago Fed President calls for wait-and-see approach to monetary policy

GBPUSD
AUDUSD
EURUSD
USDJPY
USDCAD
Chicago Fed President calls for wait-and-see approach to monetary policy

According to Chicago Fed President Austan Goolsbee, high levels of uncertainty sparked by aggressive US tariffs make the case for the regulator's wait-and-see approach to monetary policy.

The duties imposed by President Donald Trump—even if currently suspended—continue to significantly impact the US economy. As the policymaker notes, there's no generic playbook for how the Federal Reserve should respond to such tariff hikes. He estimates these measures are creating a stagflationary shock. Still, Goolsbee suggests that if the situation improves, US interest rates could be lower in 12–18 months.

Financial markets are under strain, with the pressure extending beyond US assets to global securities, Chicago Fed President believes. Still, he emphasizes that long-term US Treasuries remain a reliable safe haven in turbulent times.

Anton Volkov MarketCheese

Recommended

Australia. CFTC AUD speculative net positions. The value of the indicator has increased from 45.9K to 52.6K
Yesterday at 8:30 PM
United Kingdom. CFTC GBP speculative net positions. The value of the indicator has decreased from -42.4K to -57.1K
Yesterday at 8:30 PM
Canada. CFTC CAD speculative net positions. The value of the indicator has increased from 25.8K to 27.6K
Yesterday at 8:30 PM
Japan. CFTC JPY speculative net positions. The value of the indicator has decreased from 13K to 11.5K
Yesterday at 8:30 PM
European Union. CFTC EUR speculative positions. The value of the indicator has decreased from 174.5K to 156.9K
Yesterday at 8:30 PM
Top news
European Union. CPI (MoM). The value of the indicator has decreased from -0.5% to -0.6%
25 February
United States. PCE price index (YoY). The value of the indicator has increased from 2.8% to 2.9%
20 February
United States. GDP (QoQ). The value of the indicator has decreased from 4.4% to 1.4%
20 February
United States. Core PCE Price Index (YoY). The value of the indicator has increased from 2.8% to 3%
20 February
European Union. Manufacturing PMI. The value of the indicator has increased from 49.5 to 50.8
20 February
All news

Forecasts

USDCAD buy
Period: 31.03.2026 Expectation: 2100 pips
Investing in USDCAD with 1.38800 in sight
FA Other Indicators and reports Hot news
Yesterday at 10:24 AM 25
Reed_Marcus
Gold buy
Period: 06.03.2026 Expectation: 1200 pips
Accumulate gold up to $5,200 per ounce
TA Other FA Other
Yesterday at 07:58 AM 45
McCarthy_Raymond
Brent sell
Period: 31.03.2026 Expectation: 150 pips
Selling Brent crude from $72.0
Wave analysis FA Other
Yesterday at 07:58 AM 31
Bruce_Powers
USDJPY buy
Period: 31.08.2026 Expectation: 8000 pips
Buying USDJPY on stubborn US inflation
FA Other Chart analysis
Yesterday at 04:30 AM 24
McCarthy_Raymond
NVIDIA Corporation buy
Period: 31.08.2026 Expectation: 700 pips
Building medium-term buy position in NVIDIA
FA Other Chart analysis
Yesterday at 04:29 AM 20
Bruce_Powers
BTCUSD buy
Period: 09.03.2026 Expectation: 13000 pips
Investing in BTCUSD with $81,500 in view
TA Other Indicators Chart analysis
26 February 2026 42
Reed_Marcus
Go to forecasts