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Chicago Fed President Goolsbee urges caution about interest rate cuts."

Internet reports that Chicago Fed Chairman Goolsbee said that due to economic uncertainty, the Fed must be cautious when cutting interest rates. He noted in a radio interview that despite strong consumer spending and economic growth, there are concerns that inflation could rise again. Goolsbee emphasized that fiscal decisions that affect prices and employment require careful evaluation. He also warned that distinguishing inflation from temporary effects such as overheating and tariffs could be difficult. (Jin Shi)

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