Fed chief considers it 'premature' to foresee interest rate cuts this year in the US

The president of the Federal Reserve's Chicago district, Austan Goolsbee, argued on Tuesday, 16, that it would still be "too early" to predict whether there will be interest rate cuts this year and what the decision will be at the next meeting of the Federal Open Market Committee. Goolsbee, who votes at this year's FOMC meetings, added that monetary policy should not…