Central Banks

Fed’s Goolsbee Warns Against Ignoring Tariff Inflation Impact

  • Trump’s tariffs will put central bank in ‘difficult position’
  • Impact on supply chains could be long-lasting, Goolsbee says
Fed's Goolsbee Warns About Inflation Impact of Tariffs
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Federal Reserve Bank of Chicago President Austan Goolsbee said persistent, outsize tariffs could renew supply-chain disruptions and drive up inflation.