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Chicago Fed President Warns Against Political Pressure on Monetary Policy

Chicago Fed President Warns Against Political Pressure on Monetary Policy

BUSINESS - 4/20/2025

In a recent interview, Chicago Fed President Austan Goolsbee expressed concerns about political pressure affecting the Fed's ability to set monetary policy independently. He warns that undermining this independence could harm the economy.

Trump's Tariff Plans: Will China Really 'Eat' the Costs?

Trump's Tariff Plans: Will China Really 'Eat' the Costs?

BUSINESS - 3/2/2025

Treasury Secretary Scott Bessent claims President Trump's tariffs won't raise inflation, asserting that China will absorb the costs. As tariffs on imports from Canada and Mexico approach, experts warn of potential economic fallout.

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