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Fed's Bostic: Trade is causing uncertainty

Federal Reserve Bank of Atlanta President Raphael Bostic is out on the wires, delivering the key quotes, via LiveSquawk, found below.

  • Fed wants to avoid some excesses seen in the past decade.
  • Fed is trying to keep the economy on a sustainable & stable path.
  • Trade is causing uncertainty, believes it is ‘too soon’ to pick a winner.
  • Disruptions from trade war are going to be painful.
  • Fed's job is a lot harder amid trade uncertainty.

Author

Eren Sengezer

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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