Fed's Goolsbee says tariffs are a 'stagflationary shock' on U.S. economy

2 hours ago 1
U.S. Federal Reserve

Federal Reserve Bank of Chicago President Austan Goolsbee said Wednesday that "tariffs are a stagflationary shock" that complicates the U.S. central bank's dual goals of stable prices and full employment.

Tariff-induced price pressures have started to show up in the

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