Fed's Bostic (Retiring, Hawk) says sentiment in the district is one of cautious optimism, tariff effects will have a run through by the middle of 2026
Importance
Level 1
- Cannot lose sight of inflationary concerns.
- Atlanta Fed colleagues say they will not see clear signals in the data before April or May.
- Inflation has been too high for too long.
- Need to keep policy restrictive to get inflation to 2%.
- Fed might need to lean more into non-official data.
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