Chicago Fed President on inflation, recession, and Trump’s attacks
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Hey folks, Jeff Berman here. I'm thrilled to share some of the new names who will be joining us at this year's Masters of Scale summit. This may be our biggest stage yet. Reed Hastings, Meredith Whitaker, Van Jones, Amjad Masad, and more. Will be there with us October twentieth through twenty second in San Francisco. If you're building something great. Or you want to build something great.
We want you there with us, too. Join us at masters of scale dot com slash apply twenty six. That's mastersofscom slash apply. twenty six. If you're gonna have tariffs and then the war in the Middle East begins, so the price of oil goes up before the tariff shock went away.
You gotta keep a very close eye on how the inflation is gonna transpire. But I don't want to be the guy who says this is a once in a hundred year flood. That's Austin Goolsby, president of the Federal Reserve Bank of Chicago. I wanted to talk to Austin as the Fed heads into a big gathering today in Jackson Hole, Wyoming, to get an insider's perspective on the state of the US economy and how the Fed may act under the new leadership of Chair Kevin Wars. Austin shares eye-opening insights about what business leaders may be misreading about inflation, AI impacts, and the future of employment. And he talks directly about how the Fed operates in the face of pressure from the Trump White House. While he calls himself a grim optimist, his presence is certainly energetic, and he sharp on the ground advice for navigating in an uncertain environment. So let's get to it. I'm Bob Safian, and this is Rapid Response.
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