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Goolsbee Warns of Stagflationary Shock from Rising Oil Prices Ahead of Tariff Impact
Goolsbee expresses immediate concern over a stagflationary shock caused by rising oil prices, which he believes will occur before the inflationary effects of tariffs subside. This highlights potential economic challenges related to increased costs and inflationary pressures.
Date:
07.04.2026 |
Source:
FOR-EX.NEWS
Quotes
| Instrument | Price | Change (%) |
|---|---|---|
| EURUSD | 1.159860 | +0.47907% |
| GBPUSD | 1.329040 | +0.44211% |
| USDJPY | 159.580000 | -0.026938% |
| XAUUSD | 4700.095000 | +1.07742% |
| USDCAD | 1.388960 | -0.15455% |
| NZDUSD | 0.572720 | +0.3311% |
| USDCHF | 0.797630 | +0.075279% |
| AUDUSD | 0.697200 | +0.80972% |
| EURGBP | 0.872680 | +0.094052% |
| EURJPY | 185.095000 | +0.50444% |
| GBPJPY | 212.098000 | +0.40094% |
| AUDJPY | 111.261000 | +0.75343% |
| CADJPY | 114.896000 | +0.14032% |
| CHFJPY | 200.055000 | -0.044468% |
| NZDJPY | 91.387000 | +0.21493% |
| GBPCHF | 1.060050 | +0.4444% |
| EURCHF | 0.925230 | +0.46692% |
| USDMXN | 17.706150 | -0.33043% |
| USDZAR | 16.809210 | -0.15319% |
| USDTRY | 44.605200 | +0.11065% |
| USDRUB | 78.535000 | -0.17795% |
| USDSEK | 9.470900 | +0.26679% |
| USDCNY | 6.856200 | -0.37344% |
Upcoming Important Events
| Time | Country | Event | Forecast | Previous |
|---|---|---|---|---|
| 08.04.2026 | ||||
| 07:00 | 🇨🇭 | Unemployment Rate (Mar) | 3.2 | 3.2 |
| 09:00 | 🇪🇺 | Retail Sales MoM (Feb) | -0.2 | -0.1 |
| 09:00 | 🇪🇺 | Retail Sales YoY (Feb) | 1.6 | 2 |
| 18:00 | 🇺🇸 | FOMC Minutes | ||
| 09.04.2026 | ||||
| 05:00 | 🇯🇵 | Consumer Confidence (Mar) | 38 | 40 |
| 12:30 | 🇺🇸 | Continuing Jobless Claims (Mar/28) | 1840 | 1841 |
| 12:30 | 🇺🇸 | Core PCE Price Index MoM (Feb) | 0.4 | 0.4 |
| 12:30 | 🇺🇸 | Core PCE Price Index YoY (Feb) | 3 | 3.1 |
| 12:30 | 🇺🇸 | GDP Growth Rate QoQ (Q4) | 0.7 | 4.4 |
| 12:30 | 🇺🇸 | Gross Domestic Product QoQ (Q4) | 0.7 | 0.7 |