FILE PHOTO: Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago, speaks to the Economic Club of New York in New York City, U.S., April 10, 2025. REUTERS/Brendan McDermid/File Photo

(Reuters) -Federal Reserve Bank of Chicago President Austan Goolsbee said the U.S. jobs market remains "mostly steady and solid" and warned against a series of interest rate cuts, the Financial Times reported on Thursday.

Goolsbee told the newspaper he was "uncomfortable with overly frontloading a lot of rate cuts on the presumption that (inflation) will probably just be transitory and go away," according to the report.

(Reporting by Surbhi Misra in Bengaluru; Editing by Chris Reese)