Bostic’s comments come after a consumer sentiment survey last week showed Americans were worried about the potential of tariffs to push inflation higher.
Related Posts
Here are Monday’s biggest analyst calls: Nvidia, Tesla, Rivian, AMD, Broadcom, Charles Schwab, PayPal & more
Here are Monday’s biggest calls on Wall Street.
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
U.S. military is ready to respond to California wildfires, FEMA’s Criswell said
Active duty U.S. military personnel are on a “prepare to deploy” order, ready to go in and continue to support the firefighting effort, Criswell said.