Chicago Fed President Austan Goolsbee on Tariffs, Inflation and AI

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  Hey, what's news, listeners?

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  It's Sunday, July 20th.

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  I'm Alex Osula for The Wall Street Journal.

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  This is What's New Sunday.

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  On today's show, we're bringing you an episode of WSJ's Take on the Week.

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  where we dive into markets, the economy, and finance.

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  Later this week, the Fed will hold its next meeting to decide on interest rates.

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  Last Tuesday, and before the Fed entered its dark period when they don't speak to media,

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  co-hosts Gunjan Banerjee and Telus Demos spoke with Chicago Fed chair Austin Goolsbee.

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  They talked about the U.S. economy's six-pack of underlying strength,

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  the impact of tariffs on inflation, what the Fed might decide at its meeting, and baseball.

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  Tell us,

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  I feel

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  like we've been wondering the whole year when we will start to see tariffs reflected in some of this inflation data.

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  Well, we said back in April, was it?

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  I think it was April.

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