PANews reported on February 17 that Chicago Fed President Goolsby stated that service sector inflation is "not mild"; goods with higher tariffs tend to see larger price increases; if inflation declines, there will be multiple more rate cuts in the future; this does not mean we will reach an agreement soon, but the road to an agreement has been opened; 3% is considered an easing target for the neutral interest rate; some evidence is needed that inflation is returning to 2%.