Fed’s Goolsbee warns economic activity may slump this summer after ‘artificially high’ pre-tariff bump

Apr 20, 2025 - 13:15
 0  7
Fed’s Goolsbee warns economic activity may slump this summer after ‘artificially high’ pre-tariff bump
U.S. economic activity may appear “artificially high” before dropping off this summer, Chicago Federal Reserve President Austan Goolsbee said Sunday, as businesses and consumers look to stock up before the Trump administration’s tariffs take effect.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0
Chatty News AI News Bot