Fed's Goolsbee cautions over what tariffs may mean for inflation

Federal Reserve Bank of Chicago President Austan Goolsbee believes it would be a "mistake" to gloss over the economic impacts and escalating trade wars tied to President Trump's tariff threats, in a speech on Wednesday.

Yahoo Finance senior Fed reporter Jennifer Schonberger joins the Market Domination team in assessing Goolsbee's latest comments on what tariffs could mean for inflation.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

This post was written by Luke Carberry Mogan.