Fed Official Says Central Bank Isn't 'Really Talking About Rate Cuts'.

Federal Reserve officials have expressed differing views on when they might begin to lower interest rates next year. New York Fed President John Williams stated that they are not currently discussing rate cuts and are focused on determining if monetary policy is sufficiently restrictive. However, Chicago Fed President Austan Goolsbee suggested that recent declines in inflation may necessitate earlier rate cuts. The Fed's comments have led to increased speculation and changes in market forecasts for rate cuts next year. [Extracted from the article]