Fed’s Bostic signals patience but warns labour data could shift outlook

Atlanta Fed President Raphael Bostic said the strength of the US job market gives policymakers “the luxury” of waiting for clearer signals before adjusting rates, warning against policy “volatility” that unsettles the public.

While the labour market is near full employment, July’s weaker jobs report and historic revisions could challenge that view, potentially curtailing the Fed’s ability to stay patient ahead of its September meeting.

Bostic also noted that tariffs under the Trump administration may reshape supply chains in ways that permanently alter inflation’s path, underscoring that the US is “actually a different economy.”

Read the full article for deeper insight into the Fed’s balancing act.