Fed’s Bostic sees prolonged inflation from tariff impact

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Fed’s Raphael Bostic signaled strong resistance to near-term rate cuts, citing uncertainty around trade policy and a still-resilient US economy. “This is no time for significant shifts in monetary policy,” he said, emphasizing that the FOMC should avoid decisions it may be forced to “quickly reverse”. With macro conditions steady, Bostic sees “space for patience” […]The post Fed’s Bostic sees prolonged inflation from tariff impact appeared first on Action Forex.