Fed’s Bostic: Ukraine war is increasing uncertainty, a source of risk for demand
|The Russia-Ukraine war is increasing uncertainty, Atlanta Fed President Raphael Bostic said while speaking on "Economic Leadership from America's Founding to the Global Pandemic" at the University of Southern California's George Washington Leadership Lecture Series.
Additional quotes
The war in Ukraine impacts inflation, boosts uncertainty.
Greater uncertainty is a source of risk for demand.
Market reaction
The US dollar index is holding the lower ground near 98.25, down 0.16% on the day. The main catalyst behind the dollar’s move lower is the huge sell-off in the USD/JPY pair this Wednesday.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.