Fed's Goolsbee (2027 Voter) says strong demand may be adding to inflation along with energy, tariff and other supply shocks

There is "no ambiguity" on what the Fed would do if demand is overheating. Evidence is needed that supply-driven inflation is fading, or it is hard to see a credible path back to 2% inflation. Supply shocks are proving to have a persistent impact on inflation and must be accounted for in setting monetary policy. Restoring price stability will not be painless.