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 “huge pause” the place households and companies aren’t making huge investments, and instructed the U.S. central financial institution ought to keep on maintain till there may be extra readability.

“The precise place that the economic system will land relies upon critically on the small print of the place coverage lands,” Bostic stated at Emory College. “And since we do not know that now, once more, that is one more reason why I really feel like shifting too boldly with our coverage in any path would not be prudent for the time being.”

(Reporting by Ann Saphir; Modifying by Jacqueline Wong)