Bloomberg Talks
Former Fed President Eric Rosengren Talks Tariffs, Inflation
Apr 4, 2025
Former Boston Fed President Eric Rosengren dives into the effects of Trump-era tariffs on interest rates and inflation. He discusses how these trade policies create uncertainty in economic forecasts. The conversation also highlights the Fed's strategies for addressing rising inflation and unemployment challenges, revealing the delicate balance policymakers must maintain. Eric shares insights on navigating these complex economic waters alongside Bloomberg's Jonathan Ferro.
04:23
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Quick takeaways
- Eric Rosengren emphasizes that Trump's tariffs can create immediate inflationary pressures on consumer goods, complicating the Federal Reserve's response.
- He also notes that the Fed's cautious approach may prolong reactions to economic challenges, particularly if a global recession occurs.
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