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Fed’s Bostic Says Ukraine Crisis Adds Risk to Outlook
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wsj.comFederal Reserve Bank of Atlanta President Raphael Bostic said Tuesday that the Ukraine crisis is adding risk to the economic outlook, but he also said he is still on board with the central bank’s looming campaign of monetary policy normalization.
Mr. Bostic, who was speaking to students as Western nations put in place new sanctions on Russia due to its aggression toward Ukraine, said “that kind of uncertainty is a downward risk to economic output” that will factor into how he thinks about monetary policy.
Mr....
Read more on wsj.comAbout this in other media
Ukraine crisis puts Sunak under new pressure to axe national insurance rise theguardian.com /2 years ago
Cleveland Fed President Mester says Ukraine war accelerates the need for interest rate hikes cnbc.com /2 years ago
El-Erian: Russia-Ukraine crisis will ‘aggravate’ inflationary pressures fnlondon.com /2 years ago
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