Fed's Goolsbee signals readiness for rate cuts if PCE inflation moderates

Fed Governor Goolsbee stated he would feel "a lot better" if PCE inflation matched recent CPI readings for several months, signaling potential openness to rate cuts if disinflation continues. This dovish commentary reinforces the rate-cut narrative and affects USD positioning ahead of Tuesday's US CPI print, which will determine near-term Fed policy repricing across major pairs.