Fed's Bostic: Uncertainty over trade is chief downside risk to economic performance

Eren Sengezer FXStreet

Additional comments from Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, are crossing the wires with key quotes, via Reuters, found below.

So far appears 'few companies' are putting proceeds of tax cuts to work in ways that will be 'transformative' for U.S. productivity.
Scale of U.S. debt should 'inform' fiscal policymakers moving forward.
Proposal to allow only semi-annual reporting by public companies 'cuts two ways,' with investors wanting more information, but less frequent reporting perhaps allowing longer-term focus by companies.
One legacy of financial crisis is that bank examiners are 'hyper-focused' on risk.
Uncertainty over trade is chief downside risk he sees to U.S. Economic performance.

Author

Eren Sengezer

FXStreet

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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