CoinWorld.net April 3 News: This year, FOMC voting member and Chicago Fed President Goolsbee stated on Thursday that the economy is suffering from oil price shocks. As inflation from last year's tariff impacts has not yet subsided, the oil price shocks have pushed prices higher again. He expressed concern about this "untimely timing." Goolsbee said, "When gasoline prices rise sharply in the short term, people's expectations for inflation over the next 12 months will begin to rise significantly, which could put us in a more difficult situation." Since the outbreak of the Iran war, oil prices have surged dramatically, further increasing corporate uncertainty and slowing hiring momentum.

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