Chicago Fed President Austan Goolsbee suggests a cautious approach to monetary policy amidst economic uncertainty fueled by trade tariffs. He acknowledges the tariffs’ potential stagflationary impact, making policy responses complex. While not ruling out future rate adjustments, Goolsbee emphasizes the need to assess the economy’s reaction to these tariffs.
Asian shares rise at open after US jobs surprise
Asian stocks experienced an initial surge following positive US labor market data, mitigating concerns about the impact of trade tensions. South Korean stocks notably led
June 4, 2025