daring strikes would not be prudent amid fog of uncertainty

(Reuters) – Atlanta Federal Reserve Financial institution President Raphael Bostic stated on Monday the fog of uncertainty over the Trump administration’s tariff and different insurance policies has put the economic system right into a “large pause” the place households and companies aren’t making large investments, and advised the U.S. central financial institution ought to keep on maintain till there may be extra readability.

“The particular place that the economic system will land relies upon critically on the main points of the place coverage lands,” Bostic stated at Emory College. “And since we do not know that now, once more, that is another excuse why I really feel like shifting too boldly with our coverage in any path would not be prudent in the meanwhile.”

(Reporting by Ann Saphir; Modifying by Jacqueline Wong)