Federal Reserve Bostick: It is not wise to adjust policy now
According to online reports, Atlanta Fed Chairman Bostick said that the fog of uncertainty about tariffs and other policies of the Trump administration has caused the economy to fall into a "big pause." Families and businesses have not made big investments. He suggested that the Federal Reserve should stay put until the situation becomes clearer. Bostick said: "The specific location of the economy depends largely on the details of the policy implementation. Because we don't know yet, which is why I feel it would be imprudent to take policies too boldly in any direction at the moment."
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