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.
What led to rupee becoming Asia’s worst performing currency in May?
The Indian rupee experienced a decline in May, becoming the worst-performing Asian currency due to tariff uncertainties, border tensions, and expectations of monetary easing. The
May 31, 2025