Fed's Bostic says Ukraine war is increasing uncertainty, a source of risk for demand

  • Federal Reserve Bank of Atlanta President Raphael Bostic

Bostic speaking on "Economic Leadership from America's Founding to the Global Pandemic" at the University of Southern California's George Washington Leadership Lecture Series.

  • increasing uncertainty is a source of risk for demand.
  • the war in Ukraine impacts inflation, boosts uncertainty
  • greater uncertainty is a source of risk for demand
  • if the Fed moves too quickly the economy could be harmed
  • the Fed is pulling back on policy support to allow the economy to stand on its own
  • says again his preference is for 6 hikes this year
  • can hike rates without causing a recession
Federal Reserve Bank of Atlanta President Raphael Bostic

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