Trump tariffs could lead to a summer drop-off in economic activity after an 'artificially high' start, Chicago Fed chief says

Cameron Albert-Deitch - CNBC - 20/04
Chicago Fed president Austan Goolsbee forecasts a potential short-term economic bump from President Trump's tariffs, followed by a summer drop-off.
Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago, speaks to the Economic Club of New York in New York City, U.S., April 10, 2025. 
Brendan McDermid | Reuters

Business owners and CEOs are already stocking up on inventory, and some American shoppers are panic buying big-ticket items in anticipation of President Donald Trump's tariffs. The sudden buying binge could cause an "artificially high" level of econo...
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