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flag Chicago Fed President suggests potential future interest rate cuts, sparking negative reaction in stock market.

flag Chicago Fed President Austan Goolsbee sees potential interest rate cuts in the future if inflation improves, despite concerns from businesses about tariffs impacting prices and growth. flag The Fed is taking a wait-and-see approach amid economic uncertainty, but Goolsbee expects rates to be lower in 12 to 18 months. flag The stock market is reacting negatively, with futures indicating significant drops for major indices.

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