{"id":111458,"date":"2025-02-06T00:33:20","date_gmt":"2025-02-05T20:33:20","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=111458"},"modified":"2025-02-06T00:37:59","modified_gmt":"2025-02-05T20:37:59","slug":"feds-goolsbee-highlights-supply-chain-threats-including-tariffs-as-inflation-risk","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-goolsbee-highlights-supply-chain-threats-including-tariffs-as-inflation-risk\/02\/06\/market-updates\/","title":{"rendered":"Fed&#8217;s Goolsbee Highlights Supply Chain Threats, Including Tariffs, as Inflation Risk"},"content":{"rendered":"Chicago Federal Reserve President Austan Goolsbee warned Wednesday that threats to supply chains, such as tariffs, pose a challenge to the Federal Reserve&#8217;s efforts to curb inflation.  He emphasized the difficulty in predicting the impact of such disruptions and how they could complicate the Fed&#8217;s goal of achieving a 2% inflation rate.<br \/><br \/>Goolsbee&#8217;s key remarks include:<br \/><br \/>Inflation&#8217;s Complexity: If inflation rises or stalls, the Fed needs to determine whether the cause is an overheated economy or factors like tariffs.<br \/>Current Economic Picture: Inflation is nearing the Fed&#8217;s 2% target, the US economy is strong, and the labor market is arguably at full employment.<br \/><br \/>The Importance of Diagnosis: Accurately identifying the source of any inflation resurgence is crucial for deciding if and when the Fed should intervene.<br \/>Supply Chain Lessons: The COVID-19 pandemic demonstrated the significant impact of supply chain disruptions on inflation.<br \/><br \/>Tariffs as a Threat: Goolsbee stressed that ignoring the potential impact of new supply chain threats, particularly tariffs, would be an error.<br \/><br \/>Uncertainty of Tariff Impact: There&#8217;s significant debate about how much of the cost of tariffs would be passed on to consumers, with the possibility that suppliers might absorb the costs.<br \/>Potential for Larger Impact: Goolsbee suggested that current proposed tariffs could be broader and higher than those implemented in 2018, potentially leading to a larger and more persistent impact.","protected":false},"excerpt":{"rendered":"<p>Chicago Federal Reserve President Austan Goolsbee warned Wednesday that threats to supply chains, such as tariffs, pose a challenge to the Federal Reserve&#8217;s efforts to curb inflation. He emphasized the difficulty in predicting the impact of such disruptions and how they could complicate the Fed&#8217;s goal of achieving a 2% inflation rate.Goolsbee&#8217;s key remarks include:Inflation&#8217;s &hellip;<\/p>\n","protected":false},"author":13,"featured_media":102531,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[],"class_list":["post-111458","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/111458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=111458"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/111458\/revisions"}],"predecessor-version":[{"id":111461,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/111458\/revisions\/111461"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/102531"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=111458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=111458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=111458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}