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.
CBIC asks staff to track prices before, after GST cut
The CBIC is monitoring price changes of essential goods after the GST rate cuts on September 22nd. Field officials are collecting data from retailers and
September 22, 2025