Fed’s Goolsbee warns of potential inflationary impact of tariffs
(Reuters) – Chicago Federal Reserve President Austan Goolsbee warned on Wednesday that ignoring the potential inflationary impact of tariffs would be a mistake, citing the COVID-19 pandemic experience where supply chain disruptions drove up inflation. The U.S. economy is strong, the labor market is “plausibly” at full employment, and inflation has come down and is …
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