Federal Reserve Bostic: It may be necessary to keep interest rates unchanged before summer

ChainCatcher News, in 2027, Federal Open Market Committee (FOMC) voting member and Atlanta Fed President Raphael Bostic stated that the impact of U.S. President Trump's policies and other factors on the economy may take several more months to become clear. This suggests that officials might keep interest rates steady until at least late spring.

Bostic reiterated that changes in Trump's policies could affect the economy in different ways, increasing economic uncertainty. He said that new policies from the Trump administration are putting the U.S. economy into "incredible volatility," and he believes it is unlikely that the Fed will have enough clarity to decide on interest rate trends before late spring or summer.