Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, said the uncertainty surrounding the US Presidential Election could cause some businesses and consumers to delay making investment and spending decisions. "You're likely to see some business activity stagnating, especially when you're thinking about investments," he said Friday at an event with high school students in Jackson, Miss. "The same goes for families. With inflation being high, families are feeling a little bit of a struggle," he said.
Bostic reiterated that Federal Reserve officials will not adjust their monetary policy approach because of the presidential election.
Federal Reserve's Bostic: U.S. election uncertainty could weigh on investment
2024-10-18 23:30:23
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Putin: The time to create a unified currency for the BRICS countries is still prematureNext article：
晨讯10月19隔夜重要动态一览
