What keeps a Fed president up at night
The Indicator from Planet Money
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Navigating Uncertainty in Tariff-Impacted Industries
This chapter explores the challenges the Chicago Fed faces in a manufacturing-heavy region impacted by evolving tariff regulations, particularly in the automotive sector. It highlights executives' hesitance in investment decisions amid a climate resembling stagflation, emphasizing the need for clarity in policy to avoid exaggerated comparisons to historical economic crises.
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