Chicago Fed: Tariff-Related Panic Buying Could Precede Economic Slump

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  Posted by Two Blokes Apr 21 - Filed in General - #TwoBlokesTrading  - 13 views
  
  “Panic buying” in the U.S. could create an “artificially high” level of economic activity. That's according to Federal Reserve Bank of Chicago President Austan Goolsbee, who discussed the uptick in purchasing by businesses and consumers in response to new tariffs Sunday (April 20) in an interview with “Face the Nation” on CBS.