FED'S GOOLSBEE: SERVICES INFLATION STAYS HOT, MORE RATE CUTS POSSIBLE Austan Goolsbee said recent headline inflation was partly pulled down by base effects, but services inflation remains elevated. Goods with higher tariffed content saw larger price rises. He signaled “several more” rate cuts in 2026 could come once inflation shows signs of returning to 2%, noting a 3% policy rate may be a “loose” estimate of neutral. Goolsbee also praised Fed chair nominee Kevin Warsh, calling him a longtime collaborator and “big fan” from their work during the 2008 financial crisis.(*Walter Bloomberg)