Chicago Fed President Worried About Returning to Pandemic Economy

Source
JH Kim

Summary

  • Austan Goolsbee, President of the Federal Reserve Bank of Chicago, expressed concerns about the possibility of returning to the pandemic era economy.
  • President Goolsbee stated that losing trust can lead to economic problems.
  • It was reported that economic anxiety is increasing within the Chicago Fed's jurisdiction.

According to Walter Bloomberg's economic news account on X (formerly Twitter) on the 10th (local time), Austan Goolsbee, President of the Federal Reserve Bank of Chicago, expressed concerns about the possibility of returning to the economy of the COVID-19 pandemic era.

He added, "If trust is lost, economic problems can arise. In fact, economic anxiety is increasing within the Chicago Fed's jurisdiction."

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JH Kim

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