Fed’s Goolsbee: Tariff impact milder than feared, cuts still on the table

Chicago Fed President Austan Goolsbee struck a cautiously optimistic tone Monday, saying that the recent surge in tariffs has not delivered the economic shock many had feared. Speaking at a mid-year business outlook event in Milwaukee, Goolsbee noted that the fallout so far has been “somewhat surprisingly” modest, particularly in terms of inflation. While uncertainty […]

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