Fed Holds Off on Interest Rates Amid Tariff Uncertainty
Stagflation Fears Rise The president of the Chicago Federal Reserve Bank, Austan Goolsbee, is worried about President Trump’s unpredictable tariff policies. He says these policies could trigger stagflation – a nasty mix of slow economic growth, high inflation, and high unemployment. Goolsbee told CNBC that the Fed might need to postpone any decisions on interest…
