TechFlow news — On March 7, according to Jinshi Data, Raphael Bostic, president of the Atlanta Federal Reserve and a voting member of the Federal Open Market Committee (FOMC) in 2027, said it may take several more months before the impact of U.S. President Trump's policies and other factors on the economy becomes clear, suggesting officials could keep interest rates steady until at least late spring.
Bostic reiterated that policy changes under Trump could affect the economy in varied ways, increasing economic uncertainty. He said the new policies from the Trump administration are placing the U.S. economy in "incredible volatility," and he believes the Federal Reserve is unlikely to have sufficient clarity before late spring or summer to determine the path of interest rates.
