[Two FOMC voting members explain why they oppose rate cuts: Inflation risks are too high, caution is needed] Odaily Planet Daily News - Chicago Fed President Austan Goolsbee stated that the dissenting vote he cast this week was his first since joining the Federal Reserve in 2023, aligning him with Kansas City Fed President Esther George. He cast his dissenting vote this week because he wanted to wait for more economic data to determine whether the impact of tariffs on inflation is merely temporary. In a statement on Friday, Goolsbee said, 'Given that the inflation rate has been above our target for four and a half consecutive years, and progress on inflation has stalled for months, coupled with the fact that nearly all business leaders and consumers we’ve recently engaged with in our district cite prices as their primary concern, I believe the more prudent approach is to wait for more information.' (Jin10)