The Federal Reserve is expected to remain inactive before the end of spring! Bostic: The economic situation in the United States is still unclear

According to the Zhitong Finance APP, Raphael Bostic, President of the Atlanta Federal Reserve, stated that the impact of President Trump's policies and other factors on the economy may take several months to become clear. This suggests that Federal Reserve policymakers may keep interest rates stable at least until the end of spring.

Bostic reiterated that changes in Trump's policies could affect the economy in different ways, increasing economic uncertainty. He said, "The question is, how will all this resolve?" "I would be surprised if we could figure things out before late spring or early summer." He added that the direction of the economy is "largely up in the air."

The Federal Reserve will hold three policy meetings in late spring and early summer, on May 6-7, June 17-18, and July 29-30.

Recently, Federal Reserve policymakers have hinted that they expect to maintain interest rates unchanged for some time while waiting for more evidence that inflation is falling to the 2% level. Investors currently expect the Federal Reserve to keep interest rates unchanged at the policy meeting on March 18-19. However, at the same time, based on futures contract pricing, the market expects the Federal Reserve to have three rate cuts later this year.

Bostic stated, "Just this week, we saw significant volatility in policy direction. You have to be patient and not go too far." He mentioned last week that the Federal Reserve should keep interest rates at a restrictive level until it fully controls price stability—one of the Federal Reserve's dual mandates