Austan Goolsbee, President of the Federal Reserve Bank of Chicago, suggested that resolving trade policy uncertainties could steer the US economy back to its pre-tariff path. This shift, he noted, might enable officials to reduce interest rates. Goolsbee emphasized the potential for a strong economy with full employment and targeted inflation if trade-related disruptions are minimized.
Corporate loan demand outpaces retail credit as firms shift from bonds to banks
Corporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yields climb. Recent RBI rate cuts
July 2, 2026