On February 6th, Federal Reserve’s Bostic stated that the impact of tariffs will diminish by mid-year, inflation has remained high for too long and has entered a plateau phase, and the Federal Reserve cannot ignore the inflation issue. Clear signals will only be available after April or May data.
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Federal Reserve's Bostic: Tariff Impact Will Fade by Mid-Year, Fed Cannot Ignore Inflation Issues
On February 6th, Federal Reserve’s Bostic stated that the impact of tariffs will diminish by mid-year, inflation has remained high for too long and has entered a plateau phase, and the Federal Reserve cannot ignore the inflation issue. Clear signals will only be available after April or May data.