Fed's Goolsbee Says Political Pressure On Fed 'Puts Me On Edge,' Says Political Interference On Central Banks Generally Leads To Inflation; Says Tariff And War-Related Price Increases A Challenge For Fed
https://open.spotify.com/episode/0jjmfRxoLNzZAfoVJNsgc8?si=1daa5abee0404610
A Federal Reserve leader is worried that politicians pressuring the Fed could make inflation worse, and he's watching out for price increases from tariffs and wars. When people try to push the Fed around, it can lead to higher prices for everyone—something to notice when thinking about how the economy might behave.
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