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Fed’s Goolsbee: Do not understand arguments Fed should cut rates to make government debt cheaper

Chicago Federal Reserve (Fed) President Austan Goolsbee said on Friday that he “does not understand arguments the Fed should cut rates to make government debt cheaper, mandate is on jobs and prices.”

He further noted that “following that there has been potential disruption, ambiguity that the Fed needs to resolve.”

USD/CAD Price Forecast: Aims to stabilize above 1.3700 as Trump imposes 35% tariffs on Canada

The USD/CAD pair gives back some of its initial gains during the European trading session on Friday. Still, the Loonie pair trades firmly near the key level of 1.3700.
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ECB’s Schnabel: The bar for another rate cut is very high

European Central Bank (ECB) board member Isabel Schnabel said in an interview with Econostream on Friday, “the bar for another rate cut is very high.”
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