Fed's Goolsbee says rate cuts may need to wait until 2027

Chicago Federal Reserve President Austan ‌Goolsbee on Tuesday said ‌interest-rate cuts may need to wait ​until 2027, depending on how long oil prices stay high. "It's our job ‌to get ⁠inflation back to 2%," Goolsbee told AP ⁠at the Semafor World Economy conference. Before the Iran ​war he ​had thought ​tariff inflation...