Fed's Bostic: Tariffs are aspect of uncertainty - Breaking The News
Download our appPlay StoreApp Store

Fed's Bostic: Tariffs are aspect of uncertainty

EPA-EFE/ERIK S. LESSER

Federal Reserve Bank of Atlanta President Raphael Bostic emphasized on Monday that tariffs on imports from Mexico, Canada, China, and likely the European Union, announced by United States President Donald Trump, are "an aspect of uncertainty."

"The current degree of uncertainty has broadened considerably," Bostic said in his remarks at the Rotary Club of Atlanta, adding that the impact of tariffs depends on implementation and a possible retaliation.

However, the central banker pointed out that the Fed's main focus is still on inflation, noting that consumer prices are expected to remain on a downward path, while labor market prospects remain solid.

Related News
Bank of Korea warns of growing market volatility
South Korea's central bank warned that the domestic financial market will face increasing volatility, citing uncertainties around the United States Federal Reserve's monetary policy and geopolitical risks, Yonhap reported. "The Fed's meeting generally aligned with market expectations, but Powell noted that the economy is facing uncertainty and policy changes will influence the future monetary path. External uncertainties are expected to persist, given February's...
Trump: Fed would be much better off cutting rates
United States President Donald Trump said the Federal Reserve would be "better off" cutting interest rates after the central bank decided on Wednesday to hold rates steady. "The Fed would be MUCH better off CUTTING RATES as US Tariffs start to transition (ease!) their way into the economy. Do the right thing. April 2nd is Liberation Day in America," Trump wrote on Truth Social. US Federal Reserve Chair Jerome Powell said on Wednesday that inflation...
Powell: Fed in no rush for rate cuts
Federal Reserve Chair Jerome Powell reinforced Wednesday that the central bank is in no hurry to cut interest rates, dismissing speculation about a potential move in May.At the FOMC press conference, Powell stated that policymakers have broadly raised their estimates of risks to the Fed's economic goals, emphasizing the need to monitor financial conditions carefully.Moreover, he underscored the Fed's focus on "hard data" rather than market speculation,...
Powell: 'It was good time' to slow balance sheet shrink
United States Federal Reserve Chair Jerome Powell stated on Wednesday, after the central bank decided to slow balance sheet reduction, that "it was a good time" to do it.Speaking at the FOMC press conference, Powell said that the Fed intends to lower the pace of quantitative tightening (QT). "We're going to cut it roughly in half, and the sense is if you are cutting the pace of QT roughly in half then the runway is probably doubled," he noted, adding that the pace of...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.