Chicago Fed President Austan Goolsbee said Friday that the Federal Reserve should keep interest rates unchanged until there is clearer proof inflation is moving back toward its 2% target. His comments reinforced the view that policymakers want more evidence before considering any cut.

Goolsbee’s remarks come as officials continue to weigh whether recent inflation data show enough progress to justify easier policy. The central bank has held rates steady while monitoring price trends, labor market conditions and the broader impact of past tightening.

The Fed has been cautious about moving too quickly, arguing that premature cuts could slow the fight against inflation. Goolsbee’s message aligns with that approach: wait for a more durable decline in prices before changing course.

For households and businesses, the stance suggests borrowing costs may stay elevated for now. Markets will likely focus next on upcoming inflation readings and Fed commentary for signs of when policymakers may be ready to act.