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 26.1K to 33.2K
Yesterday at 8:30 PM
United Kingdom. CFTC GBP speculative net positions. The value of the indicator has decreased from -13.9K to -25.8K
Yesterday at 8:30 PM
Canada. CFTC CAD speculative net positions. The value of the indicator has increased from 2.1K to 13.3K
Yesterday at 8:30 PM
Japan. CFTC JPY speculative net positions. The value of the indicator has increased from -19.2K to -19.1K
Yesterday at 8:30 PM
European Union. CFTC EUR speculative positions. The value of the indicator has increased from 163.4K to 180.3K
Yesterday at 8:30 PM
Top news
United States. CPI (YoY). The value of the indicator has decreased from 2.7% to 2.4%
Yesterday at 1:30 PM
European Union. GDP (QoQ). The value of the indicator remained at the same level of 0.3%
Yesterday at 10:01 AM
European Union. Trade Balance. The value of the indicator has increased from 9.3B to 12.6B
Yesterday at 10:00 AM
United States. Nonfarm Payrolls. The value of the indicator has increased from 48K to 130K
11 February
United States. Unemployment Rate. The value of the indicator has decreased from 4.4% to 4.3%
11 February
All news

Forecasts

AUDCAD buy
Period: 20.02.2026 Expectation: 1050 pips
AUDCAD correction may relieve technical tension before next leg up
TA Other Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 10:16 AM 27
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
GBPUSD sell
Period: 20.02.2026 Expectation: 1130 pips
GBPUSD loses ground on lower expectations of Fed rate cuts
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 08:07 AM 17
Emily_Foster
Gold buy
Period: 28.02.2026 Expectation: 12000 pips
Buying gold up to $5,100
Indicators and reports Chart analysis
Yesterday at 07:11 AM 36
McCarthy_Raymond
Natural gas sell
Period: 19.02.2026 Expectation: 500 pips
Selling natural gas amid milder weather and higher production
TA Other Technical analysis Indicators
12 February 2026 68
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
ETHUSD buy
Period: 19.02.2026 Expectation: 18000 pips
Investing in ETHUSD on current slump before momentum picks up after selloff ends
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
12 February 2026 48
Emily_Foster
S&P 500 buy
Period: 31.05.2026 Expectation: 2000 pips
Keep buying SPX
Indicators and reports Chart analysis
12 February 2026 39
McCarthy_Raymond
Go to forecasts