Fed’s Goolsbee calls tariffs ‘stagflationary’

thehill.com/business/5454399-goolsbee-trumps-tariffs-stagflationary

Chicago Federal Reserve president Austan Goolsbee described President Trump’s wide-ranging tariffs as “stagflationary” on Friday, expressing a mainline view of tariffs among central bankers that’s prompted the Fed to maintain its pause on interest rate cuts, much to the frustration of the…

This story appeared on thehill.com, 2025-08-15 16:46:21.
The Entire Business World on a Single Page. Free to Use →