The most important official federal reserve indicates uncertainty during the reduction in the interest rate in September

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The higher Federal Reserve official warned of professionals of prices of “exhaustion” towards the new discounts before inflation was completely under control, even with ensuring that the US Central Bank will reduce borrowing costs in September.

Austan Fuolsby, head of the Federal Reserve Bank in Chicago and voters in the Central Bank interest committee, hit a tone of sincerity on Wednesday, and reported that the Federal Reserve may face a “difficult time” in pressure Economic inflation Return to its target 2 percent.

“The last thing you want is to be the status of the central bank,” Gulsby said on Wednesday. “I understand why the business model in the market is to process information quickly as it comes. But this is not in my perception of how the central bank works.”

The full pricing markets began at 25 basis points earlier on Wednesday, amid escalating calls from President Donald Trump and officials in his administration to reduce Rates strongly. Goolsbee’s intervention indicates that central bank officials are not all.

The report of the weak jobs also prompted earlier this month, and the relatively benign inflation report on Tuesday prompted more bets feeding You will start lowering rates.

The central bank has been reluctant to decrease borrowing costs in recent months due to fears that the American president’s trade war would increase prices. Trump officials say there is no evidence that its definitions have added sustainable to inflation.

Scott Bessin, US Treasury Secretary, said earlier on Wednesday that the Central Bank should consider reducing its target scope of 4.25 percent to 4.5 percent by 50 basis points at its meeting in mid -September.

But goodsbee told reporters on Wednesday afternoon that the US job market remained stronger than what appeared in the recent labor market data in July.

He also said that some details about inflation data have raised fears that the efforts of the Federal Reserve to store prices are no longer on a “golden path”.

While Goolsbee said that he “certainly” did not want to tie his hands “prematurely” and commit to maintaining borrowing costs in waiting, he suggested that the central bank remain alert.

He said, referring to the goal of inflation at the Federal Reserve Bank, “If it continues (increasing the high service prices), it will face difficulty in returning to 2 percent,” in reference to the goal of inflation in the Federal Reserve, as it was measured by personal consumption expenses.

Main inflation CPI It increased by 2.7 percent In the year to July – on an equal footing with June. But the basic measure, which excludes changes in the prices of volatile food and energy and is a better measure of basic price trends, increased from 2.9 percent to 3.1 percent.

“We had two months of moderate and very painful inflation readings, and now we got that, let’s call it one month, as there are some related elements,” added the head of the Federal Reserve at Chicago.

Goolsbee’s comments were developed in contradiction with Trump administration officials, who believe that the price data issued on Tuesday has strengthened their allegations that inflation is declining despite the new tax taxes on imports.

“After this report, if you are a policy maker or investor, I will think that these data are unambiguously supporting low interest rates,” Joe Lavingna, Pisent Economic Adviser, told the Financial Times on Tuesday.