Fed’s Goolsbee: A tariff is like a stagflationary shock, challenging for Fed

https://www.fxstreet.com/news/feds-goolsbee-a-tariff-is-like-a-stagflationary-shock-challenging-for-fed-202504101651
Federal Reserve (Fed) Bank of Chicago President noted on Thursday that the most challenging aspect of managing the US economy from the Fed’s side of the data docket is knock-on effects from the US’s lopsided trade and tariff policy approach, which poses a direct threat to consumer confidence and out…