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The Federal Reserve's Bostic: Tariffs will further impact prices in the future, companies are currently exercising restraint.
Jin10 data June 30 news, The Federal Reserve (FED) Bostic stated on Monday that the U.S. economy has not yet faced the full impact of President Trump's trade tariffs. "I believe there will be more price impact in the future; it's more a matter of time, a question of when, not if." He pointed out that businesses are currently being somewhat restrained on pricing, seeking transparency and hoping to avoid continuous small price adjustments that might anger customers.