Fed’s Bostic: Tariffs Will Further Impact Prices in the Future, Companies Are Currently Exercising Restraint

According to a report by Jinse Finance, Federal Reserve's Bostic stated on Monday that the U.S. economy has not yet felt the full impact of President Trump's trade tariffs. "I believe there will be more price effects in the future; it's more a matter of when, not if, they will occur." He pointed out that companies are currently exercising restraint in pricing because they are seeking clarity and want to avoid frequent minor price adjustments that could upset customers.