Fed's Goolsbee: The Bank is required, by law, to think about any Trump tariff price rises

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Federal Reserve Bank of Chicago President Austan Goolsbee speaking in a TV interview:If the administration enacts policies that drive up prices then, by law, the Fed has to think about itAuto parts suppliers have expressed concerns about tariffsbefore the Fed can go back to cutting rates the Fed needs more claritystill to be determined what the entire administration's policy package entailsFed has to take a wait and see stance This article was written by Eamonn Sheridan at www.forexlive.com.