Uncertainty Real, Federal Reserve Should be Patient: Atlanta Fed President

The Atlanta Federal Reserve bank president says there is uncertainty despite strong economic data, causing a dilemma for the U.S Federal Reserve. It should be “patient,” says Raphael Bostic. Bostic is not on the Federal Reserve’s panel for interest rate setting this year but is speaking out to confirm that investors and businesses are taking a close look at their strategies. He’s been talking with executives who are: “Starting to examine their own business strategies and initiatives in anticipation of slowing economic conditions either through deleveraging or holding off on…

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