Fed's Bostic Predicts Tariff Impact to Diminish by Mid-Year

On February 6, Federal Reserve's Bostic stated that the impact of tariffs is expected to diminish by mid-year. According to BlockBeats, Bostic noted that inflation has remained elevated for an extended period and has reached a plateau. He emphasized that the Federal Reserve cannot overlook the issue of inflation and that clear signals may not emerge until data from April or May is available.