Fed’s Bostic: Ukraine war is increasing uncertainty, a source of risk for demand

Dhwani Mehta FXStreet

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.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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