More comments are flowing in from the Atlanta Fed President Bostic, via Reuters, as he now speaks on the economic outlook.
Not hearing any hints suggesting that consumer spending is slowing.
Fed wants to detect any signs that things may be weakening as early as possible.
There will be a ‘new phase’ of tariff war if businesses start to pass costs on to consumers.
- Fed’s Bostic: Economy solid, future policy should be data dependent
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