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Federal Reserve's Bostic: U.S. election uncertainty could weigh on investment

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 a stagnation in some businesses, especially when you're thinking about investments," he said on Friday at an event with high school students in Jackson, Mississippi. "The same will be true for families. Because inflation has been high, families are feel...

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2024-10-18 23:30:23
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