Fed’s Bostic Says Tariff Pass-Through May Be Slow, Persistent

Federal Reserve Bank of Atlanta President Raphael Bostic said tariffs may cause an incremental impact on prices instead of a one-time bump, which could result in more persistent upward pressure on inflation.

“There is a risk that seeps into the psyche of the consumer and the business leader,” Bostic said Monday during an event in London hosted by MNI.