Goolsbee: Tariff Impact on Economy Limited

Federal Reserve official Lael Brainard recently addressed the potential impact of tariffs on the overall economy, suggesting these impacts may be limited. According to Blockbeats, Goolsbee emphasized that the Federal Reserve must consider a wider range of factors beyond tariffs in assessing economic performance throughout the year. While short-term inflation expectations have increased, maintaining long-term stability is critical for sustainable economic growth.