At the Money: Chicago Fed President Austan Goolsbee on Tariffs, Supply Chains and Inflation (March 5, 2025)

What is the potential inflation impact of tariffs? Can the Fed ignore supply-chain disruptions that drive up prices? How should investors view the relationship between trade policy and inflation in the current economic environment?

This week, we speak with Austan Goolsbee, president of the Federal Reserve Bank of Chicago. Previously, he was Chairman of the Council of Economic Advisers, Chief economist for the President’s Economic Recovery Advisory Board, and a member of President Barack Obama’s cabinet.

Full transcript below.

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About this week’s guest:

Austan Goolsbee, president of the Federal Reserve Bank of Chicago

For more info, see:

BIO: Chicago Federal Reserve Bank President

Chicacgo Booth School of Business, Robert P. Gwinn Professor of Economics

Masters in Business (coming soon)

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Find all of the previous At the Money episodes here, and in the MiB feed on Apple

Keep reading this article on Barry Ritholtz - The Big Picture.

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