The Federal Reserve (FED) Goolsbee: If the impact of trade policy disappears, interest rates should continue to be lowered.

Gate News bot message, The Federal Reserve (FED) Goolsbee stated that if the trade policy impacts disappear, we should continue to lower interest rates. There are significant concerns about uncertainty regarding whether stagflation will occur. There are currently no clear policy responses to a stagflation environment. He does not believe that a 1970s-style stagflation will impact the United States, but the Federal Reserve’s dual mandate still faces certain risks.

Source: Jinshi