Reported 1 day ago
Federal Reserve Bank of Atlanta President Raphael Bostic commented on the recent unexpected rise in inflation as indicated by the Consumer Price Index (CPI) and Producer Price Index (PPI), stating that the fluctuations in inflation are not surprising. He emphasized the need to analyze whether these changes represent a new trend or just a temporary issue. Bostic also acknowledged the uncertainty regarding the economic impacts of the Trump administration's policies and mentioned that certain policies may not be as inflationary as anticipated.
Source: YAHOO