Federal Reserve’s Bostic says tariff impact not fully felt yet

Investing.com -- Federal Reserve Bank of Atlanta President Raphael Bostic stated Monday that the economy has not yet experienced the complete effect of President Donald Trump’s trade tariffs.

"I think there is actually more pricing to come, and it is more a question of time, of when and not if," Bostic said during an event hosted by Market News International.

Bostic observed that companies are currently restraining price increases as they seek clarity and try to avoid frequent minor price adjustments that could frustrate their customers.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.Which stock should you buy in your very next trade?

With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

Unlock ProPicks AI