Goolsbee: Iran conflict triggers stagflation shock, the Federal Reserve faces a dilemma

MeNews · 2026-04-07T22:20:17+00:00

ME News Report, April 8 (UTC+8), Federal Reserve's Goolsbee stated that he is concerned that the Iran war will not only slow down economic growth but also push up inflation rates, putting the Federal Reserve in a difficult position. Goolsbee said, "What I am most worried about right now is that we must deal with an impending oil crisis, which will lead to stagflation in prices." (Source: ChainCatcher)

MeNews

2026-04-07 22:20:17

ME News message, April 8 (UTC+8). Fed Governor Goolsbee said he worries that a war involving Iran will not only weigh on economic growth, but also drive up the inflation rate, putting the Federal Reserve in a tricky situation. Goolsbee said: “What I’m most concerned about right now is that we have to deal with the coming oil crisis—one that will push prices up in the form of stagflation.” (Source: ChainCatcher)

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