4.4 • 2.2K Ratings
🗓️ 5 March 2025
⏱️ 40 minutes
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Tariffs are in effect raising fears of sparking a new round of inflation and hurting economic activity. Will they reduce the likelihood of the Fed cutting rates any time soon?
On this special episode, Barry Ritholtz speaks with Austan Goolsbee, President of the Chicago Federal Reserve. Goolsbee, a voting member of the FOMC, breaks down the impact of tariffs, the drivers of inflation, and what the FOMC is watching.
Each week, “At the Money” discusses an important topic in money management. From portfolio construction to taxes and cutting down on fees, join Barry Ritholtz to learn the best ways to put your money to work.
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0:00.0 | There are thousands of tech and business podcasts out there, but there's just one that you could count on for a weekly dose of the future. |
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0:48.4 | Bloomberg Audio Studios, podcasts, radio news. |
0:54.0 | It's not about the money, money, money, money. |
0:59.0 | We just want to make the world things. |
1:02.0 | Forget about the price. |
1:04.0 | Tariffs, egg prices, commodities, geopolitics, war. All of these things affect inflation. I'm Barry Rittaltz, |
1:16.0 | and we're going to bring you an extra special enlarged edition of At the Money, where we're going to |
1:22.2 | discuss how investors should think about inflation. To help us unpack all of this and what it means for your portfolio, |
1:30.2 | let's bring in Austin Gulsby. He's president of the Federal Reserve Bank of Chicago. He is a |
1:35.8 | voting member of the OFOMC. Previously, he was chairman of the Council of Economic Advisors and |
1:42.8 | was in President Barack Obama's cabinet. |
1:46.0 | So let's just start out with a simple question. |
1:50.0 | You've talked about the golden path between inflation and recession. |
1:55.5 | What lesson should the Federal Reserve take from our recent and rather successful bout with disinflation? |
2:06.0 | Yeah, Barry, thanks for having me on. |
2:08.3 | I called the Golden Path. |
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